The claims handling industry is facing an omnishambles of challenges. Skyrocketing building costs and massive delays in reconstruction have created a perfect storm – making it nearly impossible to ...

A $1 billion assessment announced Tuesday for California’s FAIR Plan, the state-run insurer of last resort, is expected to ...

Samsung Life Insurance filed for regulatory approval from the Financial Services Commission to incorporate Samsung Fire & ...

The California FAIR Plan was the 'insurer of last resort' for many people who lost their homes in LA last month. The FAIR Plan now needs help paying those claims.

California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light of SoCal wildfires ...

California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los Angeles-area wildfire claims.

Resilience is critical as the likelihood of catastrophic losses rises, writes Michael Shadeed of Franklin Street.

The California FAIR Plan on Tuesday was allowed to seek $1 billion from insurance companies that do business in the state in response to the Los Angeles wildfires — half of which could ultimately be ...

The California Department of Insurance approved a 12% rate increase for Mercury General's California homeowners insurance ...

In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...

The Limuru Country Club has received Ksh.71,143,016 in compensation from Britam General Insurance after a fire razed its ...

A California appeals court ruling that could doom insurance coverage for smoke damage claims is in line for strong pushback ...