California considers new rules for property insurance pricing
California considers new rules for property insurance pricing

A new plan from California’s insurance commissioner aims to stop the nation’s top insurers from leaving the wildfire-prone state by letting them consider climate risks when setting their prices. Unlike most states, California tightly restricts how insurance companies can price policies. Companies aren’t allowed to…
Can this plan fix California’s insurance crisis? What you need to know
Can this plan fix California’s insurance crisis? What you need to know

A week after negotiations to rescue California’s floundering home insurance market stalled out in the Legislature, the state’s top insurance regulator put out his own rescue plan that effectively amounts to a trade for the state’s major insurers. Under proposed regulations Insurance Commissioner Ricardo Lara…
Commissioner Lara announces Sustainable Insurance Strategy to improve state’s market conditions for consumers
Commissioner Lara announces Sustainable Insurance Strategy to improve state’s market conditions for consumers

Commissioner Lara announces Sustainable Insurance Strategy to improve state’s market conditions for consumers Governor Newsom issues executive order — comprehensive package of executive actions aimed at immediate and lasting changes to protect insurance consumers from climate change Insurance Commissioner Ricardo Lara announced a package of…
Wildfire-prone California announces new rules for property insurance pricing
Wildfire-prone California announces new rules for property insurance pricing

California’s Insurance Commissioner Ricardo Lara said the state will let insurance companies consider climate change when setting their prices, a move aimed at preventing insurers from fleeing the state over fears of massive losses from wildfires and other natural disasters. Unlike other states, California does…
Wildfire-prone California to consider new rules for property insurance pricing
Wildfire-prone California to consider new rules for property insurance pricing

A new plan from California’s insurance commissioner aims to stop the nation’s top insurers from leaving the wildfire-prone state by letting them consider climate risks when setting their prices. Unlike most states, California tightly restricts how insurance companies can price policies. Companies aren’t allowed to…
Wildfire-prone California to consider new rules for property insurance pricing
Wildfire-prone California to consider new rules for property insurance pricing

A new plan from California’s insurance commissioner aims to keep the nation’s top insurers from leaving the wildfire-prone state California will let insurance companies consider climate change when setting their prices, the state’s chief regulator announced Thursday, a move aimed at preventing insurers from fleeing…
Webinar: Briefing on the Current Home Insurance Market in California
Webinar: Briefing on the Current Home Insurance Market in California

BUTTE COUNTY AND CONSUMER GROUP TO HOST A BRIEFING ON THE CURRENT HOME INSURANCE MARKET IN CALIFORNIA Oroville, Calif.— On Tuesday, October 3, 2023, the County of Butte and the consumer non-profit United Policyholders (UP) will co-host a countywide webinar for California homeowners on the…
Press Release: Rural Representatives and Consumer Group partner to address California’s regional home insurance crisis
Press Release: Rural Representatives and Consumer Group partner to address California’s regional home insurance crisis

        Rural Representatives and Consumer Group partner to address California’s regional home insurance crisis For Immediate Release: July 26th, 2023 Contact: Amy Bach, Executive Director, media@uphelp.org SAN FRANCISCO, July 26, 2023 – To assist the thousands of California residents in rural and…
California Home Insurance FAQs
California Home Insurance FAQs

The home insurance situation remains very challenging in California, there’s no sugar-coating it. The one bright spot in the recent announcements by three leading insurers that they will no longer sell new policies is that none of them are leaving the state or wide-scale dropping…
Wildfire Season is Here – Get Prepared!
Wildfire Season is Here – Get Prepared!

Summertime and the living is easy…except that wildfire season’s starting and the leading insurer just announced they’re not selling new policies in California. UP has been busier than ever getting useful tips out to residents of wildfire-vulnerable regions on reducing risk, being prepared and keeping…
As Fire Season Approaches, CA Homeowners Face Insurance Woes
As Fire Season Approaches, CA Homeowners Face Insurance Woes

As major companies stop selling new policies in the Golden State, rates are rising sparking fears of an insurance market collapse. The recent decision by the California Department of Insurance to allow Allstate to raise insurance rates for California homeowners is adding to insurance woes…
UC ANR: How Can We Navigate Changes in the California Home Insurance Market Due to Wildfires?
UC ANR: How Can We Navigate Changes in the California Home Insurance Market Due to Wildfires?

A wildfire shockwave recently hit California. Maybe you missed it. While there were no large wildfires threatening homes, and the air wasn’t thick with smoke like in the Northeast from the wildfires in Canada, a shockwave did hit. State Farm, California’s largest home insurance company,…
Preparing your home for wildfire season? Here’s what you need to know
Preparing your home for wildfire season? Here’s what you need to know

As a relative newcomer to the North Bay, I’ll admit I didn’t know much about how to best protect my home from wildfires. But, experts tell me there are many misconceptions even among those who are more seasoned, informed and have lived through the trauma…
It’s getting harder and more expensive to insure your California home. What can you do?
It’s getting harder and more expensive to insure your California home. What can you do?

Consumer advocate shares homeowners insurance tips as wildfires make policies harder to get, more expensive Californians are finding it harder and more expensive to insure their homes in the wake of devastating wildfires across the state in recent years. Premiums are rising sharply, even with…
California Annuity Sales Rule Bill Faces Consumer Group Opposition
California Annuity Sales Rule Bill Faces Consumer Group Opposition

SB 263, California’s annuity sales standards update bill, sailed through the state Senate in May, with no opposing votes at the committee level or on the state Senate floor. But the ultimate fate of the bill is still uncertain because of ongoing strong opposition from…
Climate disasters make it harder to insure your home. Here’s what to know.
Climate disasters make it harder to insure your home. Here’s what to know.

Premiums are soaring and carriers are pulling back coverage, citing disaster risks. Climate change is a big factor, but there are others at play. Homeowners are bracing for hurricane and fire seasons, but with insurance premiums rising and carriers pulling back coverage in riskier states,…
Allstate becomes the second home insurer to pull out of California
Allstate becomes the second home insurer to pull out of California

State Farm announced a similar decision last week The question must now be asked. Will California homeowners be able to buy insurance coverage for their homes? Allstate has become the second major insurance company to announce it will stop writing homeowners insurance policies in the…
State Farm won’t sell new home insurance in California. Can the state shore up the market?
State Farm won’t sell new home insurance in California. Can the state shore up the market?

State Farm made national headlines last week when it said it would stop selling new home insurance policies in California. As California’s largest single provider of bundle home insurance policies — the company had 20% of the market in 2021 — the news struck some…