Insurance Commissioner Ricardo Lara announced Friday he had approved a new policy by the FAIR Plan to cover ...
A Los Angeles jury handed down a $32.8 million verdict to a man who was injured when an employee of the California Department of Insurance rear-ended him. In August of 2022, a woman who was acting in ...
State Farm General has requested a major rate hike to an insurance program that offers extra liability coverage, which could raise premiums for more than 430,000 policyholders if approved. The company ...
Insurance, which is at base a cost-sharing mechanism, can only function when programs reflect the true actuarial cost of coverage, according to Alan Schnitzer, chairman and CEO of Travelers.
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