Critical California insurer calls for $1 billion infusion to cover LA wildfire claims
California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los Angeles-area wildfire claims.
Car Insurance Prices Keep Rising and Drivers Are Struggling to Keep Up
Car insurance prices are more than double the cost compared to five years ago, forcing drivers to cut or reduce their coverage to afford premium costs.
California homeowners will have to fund half of high-risk insurer’s $1 billion ‘bailout’
The plan will impose a special charge on homeowners and insurance companies to cover $1 billion in L.A. wildfire costs ...
Car insurance costs take a wrong turn
After eight months when increases in car-insurance premiums were less severe, the trend skidded to a halt in January's inflation numbers. There was a 2% monthly rise, up from 0.5% in December. The ...
California's last-resort home insurer is getting a $1 billion bailout. Homeowners could be on the hook for some of the bill.
The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...
Why Tariffs Will Make Car Insurance Even More Expensive
Costlier cars or auto parts can increase claims costs, which take time to filter through to car-insurance rates.
Auto Insurance, Used Vehicle Prices Rev Higher to Start 2025
The cost of owning a car isn’t getting any cheaper for Americans. The latest data revealed that used car prices and auto ...
Heard on the Street: Why Car Insurance May Be One Key to Slowing Inflation
Insuring a car represents about $3 out of the $100 basket of goods measured in the consumer-price index—the January reading ...
California’s insurer for people without private coverage needs $1 billion more for LA fires claims
California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out ...