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The decision will affect 12,556 policies with premiums of $11.3 million.
Discover why the surplus lines sector has been growing its California home insurance market share in recent years.
Homeowners in the Golden State must navigate insurance instability and uncertainty with care.
Insurance companies are in a unique and powerful position to influence behaviors.
Insurance industry news from Generali Investments Holding, Devonshire UW Limited, SageSure and more featured in weekly update.
State Farm currently holds around 8.7% of all home insurance policies in California.
Scott Ewing of AXA XL Risk Consulting discusses modern loss prevention measures for commercial properties.
AI risk assessments may offer more advantages because they give insureds the tools and information necessary to monitor and improve their properties.
Much like flooding, earthquakes are not typically covered by a standard home insurance policy.
Fortifying the property and understanding the nuances of homeowners insurance coverage mitigates losses for insureds and insurers.
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