-
Major firms cite costly devastating hurricanes and widespread litigation against the industry as reasons to sunset policies for an unspecified number of property owners.
July 26 -
State Farm General Insurance Co. said it's no longer accepting new applications for property and casualty coverage in California last week, a year after Allstate Corp. also paused new policies, worsening what FAIR Plan, a state-mandated insurance pool, called a "looming insurance unavailability crisis."
June 2 -
Mortgage lender's brokerage spinoff launches with more than 50 carriers.
April 19 -
Two professionals who advise servicers on compliance name their key areas of concern.
April 13Covius -
Five days after Hurricane Ian slammed into the state — bringing with it a deadly storm surge, catastrophic flooding and powerful winds — the destruction it caused is becoming clearer.
October 4 -
The difficult job of rebuilding communities pummeled by Hurricane Ian is expected to be made even worse by a problem that's lingered since the early days of the pandemic: snarled supply chains.
September 30 -
Rising insurance costs and pricier fire resistant building materials are testing how the second most expensive state responds to climate emergencies
August 15 -
Fannie Mae and Freddie Mac are mum on whether a temporary solution from Florida officials to support downgraded home insurance firms will pass muster for the enterprises' underwriting exceptions.
August 15 -
In areas prone to natural disasters, first-year premiums could rise between 10% to 15% annually, but many appraisers are inaccurately calculating renewal hikes.
November 30 -
After two disastrous fire seasons, California officials have been besieged by homeowners in fire-prone areas complaining that their insurance premiums are skyrocketing or their plans are suddenly being dropped.
August 20