Tag: California

California EV Charging Station Insurance Rules Simplified by Senate Bill 770

California Senate Bill 770 simplifies insurance requirements for electric vehicle charging stations in condominiums, easing HOA and homeowner compliance under Civil Code Section 4745.

California Senate Bill 40 Sets New Compliance Mandates for Large Health Insurers

California Senate Bill 40 introduces new compliance requirements for large health insurers regulated by the state, shifting healthcare insurance accountability and regulatory adherence starting next year.

California Home Insurance Costs Shift as Climate Risk Models Gain Use

California's median home insurance remains moderate but reforms allowing climate risk models will likely increase premiums and affect coverage, especially in fire-prone areas.

California Insurance Commissioner’s Extensive Travel Raises Oversight Concerns Amid Wildfire Insurance Crisis

During California’s wildfire insurance crisis, the state insurance commissioner's extensive international travel sparked oversight concerns amid rising premiums and insurer withdrawals.

California Insurance Commissioner Faces Ethics Investigation Over Undisclosed Travel Expenses

California Insurance Commissioner Ricardo Lara is investigated for incomplete disclosure of overseas travel expenses, raising compliance and ethics concerns under state laws.

California Health Care Foundation Opposes Policy Threatening Immigrant Health Coverage

California Health Care Foundation opposes proposed DHS changes to the Public Charge rule that could cause significant Medicaid disenrollment among immigrants, threatening health coverage and public health equity in California.

California Governor Vetoes Menopause Treatment Coverage Expansion Bill

California Governor Gavin Newsom vetoes the Menopause Care Equity Act, impacting health insurance coverage for menopause treatments and highlighting cost management concerns in insurance plans.

Farmers Insurance Lifts Policy Caps, Expands California Homeowners Coverage

Farmers Insurance removes policy caps in California, expands homeowners coverage while seeking 6.99% rate hike under Sustainable Insurance Strategy to stabilize market.

California’s Property Insurance Challenges: Market Retreat, Rising Rates, and Regulatory Responses

Explore the challenges and regulatory responses shaping California's property insurance market amid wildfire risks and rising reinsurance costs, highlighting insurer withdrawals and evolving consumer protections.

California Insurance Ballot Initiatives Withdrawn; Proposition 103 Protections Remain

Competing California insurance ballot initiatives focusing on wildfire risk insurance and rate regulation have been withdrawn, preserving Proposition 103's existing consumer protections and regulatory framework.