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The California FAIR Plan faces $311 billion in potential losses, up from $50 billion six years ago.
The FC&S coverage experts review some recent instances of insurance fraud.
The proposal is part of California Insurance Commissioner Ricardo Lara's goal to enact insurance reform during 2024.
Rutgers examined which state insurance departments are best at providing residents with useful information.
The state forest service reported power lines sparked the Smokehouse Creek and Windy Deuce fires.
Generative AI guides insurers through extreme weather events while maximizing policyholders' customer experience.
Inland marine insurance professionals now use cutting-edge tech to navigate the modern risk landscape across industries.
The former agent's husband also had his license revoked by the California Department of Insurance.
The FBI projects the amount of cybercrime-related losses increased by more than 20% in 2023.
February was the wettest month Los Angeles has experienced in 26 years, the National Weather Service reports.