A group of property owners affected by the January wildfires is suing major California insurance carriers, including the state's largest, State Farm, accusing them of violating California's antitrust ...

Auto insurance rates have surged because of high inflation and soaring vehicle repair costs in the car capital of the country ...

During Orinda homeowner Yasaman Nazmi Lee’s home-insurance saga — one of millions playing out across California as the age of mega-fires drives insurers to pull back from coverage and raise prices — ...

Several forces are driving the higher rates. They include sharply rising prices for new cars and auto parts, which is being driven by inflation and exacerbated by President Trump’s tariffs, as well as ...

Carter Evans has served as a Los Angeles-based correspondent for CBS News since February 2013, reporting across all of the network's platforms. He joined CBS News with nearly 20 years of journalism ...

(FOX40.COM) — Five property insurance companies that left the state are back, according to the California Department of Finance. Many insurance companies decided to cancel their policies and leave the ...

Mercury Insurance is the state’s first to use a process that allows climate modeling to expand coverage in wildfire-prone areas. One of California’s largest property insurers pledged to sell ...

After a year of significant upheaval in California’s property insurance sector, five major insurers are set to return to the state, marking a turning point in the ongoing crisis. In a move that aims ...

Just three years after the Florida property insurance market was collapsing — and companies going insolvent — from the force of multiple hurricanes, one of the Sunshine State’s largest property ...

Legislation approved Saturday aims to help property owners assess their rate hikes amid a statewide insurance crisis and rising costs. California lawmakers passed a bill meant to address consumer ...

If enacted, noncompliant insurers would be removed from the state’s home and auto insurance markets for five years.

Florida Peninsula Insurance is considering expanding its business to California. California's property insurance market is facing challenges similar to Florida's, including major carriers pausing ...