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CSAA President and CEO Mike Zukerman talks about these and other issues causing carriers to depart the Golden State.
Experts and the general public ranked threats for AXA’s Future Risks Report.
Westfield ranks highest — but you have to live in one of the 10 states it serves.
Homeowners and insurers alike are up against a tough market in the Golden State.
The $5 billion industry is under threat as insurers pull out and the state-created FAIR plan fails to cover growers.
More than 419,000 properties are now covered by the FAIR plan, which is one of the state's primary insurers.
Already this year, the U.S. has been hit by 15 weather and climate disasters costing at least $1 billion.
The first half of 2024 laid bare the catastrophic extremes that now characterize the global, rapidly changing climate.
Beginning September 1, the insurer will offer a total 6.3% discount to insureds whose homes meet all of the state's Safer from Wildfires regulations.
A faster rating approval process is among the reforms being sought.