INSURASALES

Tag: California insurance

Bamboo Insurance and Accredited Partner to Enhance CA Homeowners Insurance

Bamboo Insurance teams with Accredited to deliver the E&S Signature homeowners insurance in California, enhancing coverage options amid market challenges.

California Medical Insurance Fraud Scheme Uncovered Involving Patient Identity Theft

California authorities uncovered a medical insurance fraud scheme involving stolen patient identities and false claims, with losses exceeding $10,000. The case highlights ongoing regulatory efforts to combat insurance fraud in the healthcare sector.

Rising Homeowners Insurance Premiums Spur State-Level Reforms in California and Florida

Homeowners insurance premiums are set to rise 8% in 2025, driving state-level reforms in California and Florida aimed at stabilizing markets impacted by natural disasters and regulatory challenges.

California Insurance Market Reform Act Gains Support Amid Market Strains

Panorama Insurance Associates backs the California Insurance Market Reform Act to modernize regulation, support agents, and address rising premiums amid insurer withdrawals.

California Insurance Commissioner Dismisses Lawsuit to Protect Market Stability

California Insurance Commissioner Ricardo Lara dismisses lawsuit challenging regulatory authority, advancing efforts to stabilize the insurance market amid wildfire risks and insurer withdrawals.

COVU Acquires California-based Leland Insurance Services

COVU, Inc. strengthens its position in the insurance sector with the acquisition of Leland Insurance Services, a California-based independent agency known for high client retention and carrier partnerships.

California Advances Insurance Reforms to Address Southern California Fire Crisis

California implements regulatory reforms including catastrophe modeling and streamlined rate approvals to address the Southern California fire insurance crisis and enhance market stability.

California Court Rules Against FAIR Plan's Smoke Damage Claim Practices

California court finds FAIR Plan's smoke damage claim restrictions unlawful, impacting wildfire-related home insurance coverage and insurer liability standards.

California Expands FAIR Plan Coverage and Boosts Transparency Amid Wildfire Claims Review

California Insurance Commissioner expands FAIR Plan coverage to commercial properties and enhances transparency as wildfire claims and regulatory scrutiny increase. Learn about the impacts on insurers and policyholders.

Hiscox and Bellwether Introduce AI-Powered Wildfire Risk Model for California Insurance

Hiscox partners with Bellwether to deploy an AI-driven wildfire risk model enhancing risk assessment and pricing in California's property insurance market.