Florida Peninsula Insurance announces rate reduction request that will benefit ‘about 80,000 policyholders’
Florida Peninsula Insurance announces rate reduction request that will benefit ‘about 80,000 policyholders’

Florida Peninsula Insurance is seeking a rate reduction of 8.4% on homeowners policies and 12% on condo policies, according to an announcement from the Boca Raton-based company. “Given that everything seems to be going up right now, the cost of living, food, housing and everything…
California’s FAIR Plan facing legal action from State Insurance Commissioner for smoke damage claims
California’s FAIR Plan facing legal action from State Insurance Commissioner for smoke damage claims

SACRAMENTO, Calif — California insurance officials are taking legal action against the state’s last-resort wildfire insurance provider, accusing it of illegally denying or limiting smoke damage claims from homeowners. State Insurance Commissioner Ricardo Lara announced this week the California Department of Insurance filed an enforcement…
California to allow catastrophe modeling for insurance rates, raising concerns about premium hikes
California to allow catastrophe modeling for insurance rates, raising concerns about premium hikes

SAN DIEGO — California’s Insurance Commissioner Ricardo Lara has announced a new “Sustainable Insurance Strategy” that will allow insurance companies to use catastrophe modeling to determine wildfire risk and set rates. This move, aimed at stabilizing the insurance market in high-risk areas, could potentially lead…
Schiff revives INSURE Act to create federal reinsurance program
Schiff revives INSURE Act to create federal reinsurance program

US Sen. Adam Schiff (D-Calif.) has reintroduced the Incorporating National Support for Unprecedented Risks and Emergencies (INSURE) Act, legislation aimed at addressing instability in the residential insurance market through the creation of a federal catastrophic reinsurance program. The bill proposes a federally backed reinsurance mechanism…
Celebrating Inclusive Leadership in Action: A Spotlight on our 2025 Inclusive Leadership Award Finalists
Celebrating Inclusive Leadership in Action: A Spotlight on our 2025 Inclusive Leadership Award Finalists

At Greater Rochester Chamber, inclusion is not an initiative, it’s a foundation. It shapes how we lead, how we grow, and how we show up for our region. That’s why the Inclusive Leadership Award is one of the most meaningful honors we celebrate each year.…
Wildfire victims in limbo as fight with insurers hits another snag
Wildfire victims in limbo as fight with insurers hits another snag

After receiving more than 1,000 complaints from Jan. 7 fire victims about how insurers are handling their claims, state regulators are considering referring hundreds of the cases to mediation — a little used practice that some consumer advocates fear could hurt policyholders. The Department of…
Sen. Schiff Introduces Bill to Stabilize Insurance Market, Protect Homeowners from Increased Costs of Natural Disasters
Sen. Schiff Introduces Bill to Stabilize Insurance Market, Protect Homeowners from Increased Costs of Natural Disasters

Washington, D.C. — Today, U.S. Senator Adam Schiff (D-Calif.) introduced the Incorporating National Support for Unprecedented Risks and Emergencies (INSURE) Act, legislation to stabilize the home insurance market by creating a federal catastrophic reinsurance program. This bill will help keep insurance premiums affordable and provide…
The next big insurance fight headed to California’s ballot
The next big insurance fight headed to California’s ballot

POLITICS OVER POLICIES — Nearly 40 years ago, insurance companies and consumer advocates waged an epic David vs. Goliath battle at the ballot. Now both sides are wondering whether it’s time for a rematch. Since its narrow passage in 1988, Proposition 103 has set the…
California Positioned to Lead National Property Insurance Reform
California Positioned to Lead National Property Insurance Reform

Insurance attorney Daniel Veroff says the devastating Los Angeles County wildfires have created an opportunity for California to address systematic underinsurance of homeowners. The devastating Los Angeles County wildfires in January exposed a crisis that has been decades in the making: the systematic underinsurance of…
Tuolumne Resident On New CA Insurance Commission Task Force
Tuolumne Resident On New CA Insurance Commission Task Force

California Insurance Commissioner Ricardo Lara has created a new Smoke Claims and Remediation Task Force. It was developed following the recent wildfires in Los Angeles, and the group will recommend science-based insurance standards and best practices for safely returning to and restoring homes. Lara says,…
Regulator starts task force to address denials of LA fire smoke claims
Regulator starts task force to address denials of LA fire smoke claims

Following a June 24 LA Superior Court ruling against the California FAIR Plan for illegally denying wildfire smoke damage claims, the state’s insurance commissioner has created a Smoke Claims and Remediation Task Force. Read more.
Summer is Here ~ Less is More
Summer is Here ~ Less is More

If you live in a suburb or rural area, as you refuel the BBQ and dust off outdoor furniture, take a moment to look around your home and yard. What is in that first five feet around and right up against your home? What if…
Commissioner Lara appoints members to new Smoke Claims and Remediation Task Force
Commissioner Lara appoints members to new Smoke Claims and Remediation Task Force

In response to the smoke damage caused by wildfires across California, including the recent Palisades and Eaton fires, Insurance Commissioner Ricardo Lara has appointed members to his new Smoke Claims and Remediation Task Force. Led by the California Department of Insurance, the Task Force includes…
California moves to set nation’s first smoke damage insurance standard
California moves to set nation’s first smoke damage insurance standard

One of the most common insurance complaints after a fire comes from people whose homes are still standing but covered in potentially toxic soot. Because there is no state or federal standard for smoke damage, insurance companies often refuse to pay for cleanup, leaving victims…
NAPIA Celebrates 75th Year with New Leadership and Renewed Vision
NAPIA Celebrates 75th Year with New Leadership and Renewed Vision

The National Association of Public Insurance Adjusters (NAPIA) proudly announces the installation of its 2025–2026 Officers and Board of Directors during its landmark 75th Annual Meeting held at the Westin Kierland Resort in Scottsdale, Arizona. This historic event celebrates NAPIA’s legacy and reaffirms its role…
‘I think that’s simply fraud’: California hearing probes solutions to underinsurance after Chronicle investigation
‘I think that’s simply fraud’: California hearing probes solutions to underinsurance after Chronicle investigation

In an impassioned hearing that extended well beyond its two-hour allotted time, builders, insurance experts and policyholder advocates testified to the California Board of Equalization about the harms of widespread and severe underinsurance among California wildfire survivors, after a Chronicle investigation that exposed the severity…
California home insurance rates to continue rising, experts warn
California home insurance rates to continue rising, experts warn

Home insurance prices in California will keep rising, say industry experts at a conference this week. Home insurance prices will continue rising. That was a message from industry experts this week, as they gathered to discuss the state’s insurance crisis. “It’s going to be a…
California Insurance Crisis: a recap
California Insurance Crisis: a recap

On Wednesday, May 14, Capitol Weekly and the University of California Student and Policy Center hosted “California Insurance Crisis,” its first in-person gathering of the year and second conference of 2025. Held at the Student and Policy Center’s conference center, the event featured three panels…