For the first time in over five decades California is increasing its minimum auto insurance requirements this year, but the change isn’t expected to burn a hole in every driver’s wallet. In 2022, Gov.
The devastating wildfires in the Los Angeles region earlier this year have caused enormous financial strain on recovery mechanisms, such as the state insurer of last resort - the California FAIR (Fair ...
On January 9, the California Insurance Commissioner simultaneously published Bulletin 2025-1 and Notice 2025-1. The Bulletin, authorized by California Insurance Code section 675.1(b)(2), is not the ...
Four new laws going into effect in California in 2025 affect motorists. Drivers will be required to maintain a higher minimum liability insurance coverage. State law also changes how close people can ...
SAN DIEGO — As wildfires continue to ravage Los Angeles County, concerns are mounting over the financial capacity of California's insurer of last resort, the FAIR Plan, to handle what will likely be a ...
A new report is raising questions about how California’s wildfire insurance system ended up where it is today. With hundreds of thousands of homeowners relying on the state’s fair plan as their only ...
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Find out what your state requires for minimum car insurance limits, what that means and why you likely want more Written By Written by Insurance Senior Editor, Buy Side Amy Danise is the staff Senior ...
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