Insurance Newsnet – State Farm continues withdrawal from state
By JP Crumrine, INSURANCE NEWSNET
https://insurancenewsnet.com/oarticle/state-farm-continues-withdrawal-from-state
Despite efforts by the state's Department of Insurance (DOI) to revise the rate making policies in California, on March 20, State Farm announced it would not be renewing more than...
Insurance Business – Consumer Watchdog wants mandatory coverage for wildfire-safe homes
By Mike Pangilinan, INSURANCE BUSINESS
https://www.insurancebusinessmag.com/us/news/property/consumer-watchdog-wants-mandatory-coverage-for-wildfiresafe-homes-483241.aspx
A consumer advocacy group in California is pushing for reforms that would require insurance companies to provide coverage to homeowners who have taken steps to mitigate wildfire risks to their...
CNN – U.S. Cable: 73 Million Former AT&T Customer Accounts Leaked To The Dark Web
https://www.youtube.com/watch?v=bLsyrzTHydc
Consumer Watchdog says, what you can do if you've been caught up in this is you can freeze your credit with the big three credit bureaus for free, and that makes it a little...
The Los Angeles Times – She died after liposuction by a pediatrician. Doctors warn...
By Emily Alpert Reyes, LOS ANGELES TIMES
https://www.latimes.com/science/story/2024-03-31/california-cosmetic-surgery
Inside a clinic wedged next to a smoke shop in a South Los Angeles strip mall, Dr. Mohamad Yaghi operated on a 28-year-old woman who had traveled from...
NPR – Millions of customers’ data found on dark web in latest AT&T data...
By Chloe Veltman, NPR
https://www.npr.org/2024/03/30/1241863710/att-data-breach-dark-web
AT&T announced on Saturday it is investigating a data breach involving the personal information of more than 70 million current and former customers leaked on the dark web.
According to information about...
The Sacramento Bee – Former insurance commissioner warns state agency about California’s ‘uninsurable future’
By Stephen Hobbs, SACRAMENTO BEE
https://www.sacbee.com/article287155520.html
Former insurance commissioner Dave Jones has a sobering view on the future of homeowner coverage in California: He believes the state is “marching steadily towards an uninsurable future.”
That’s because...
Los Angeles Times – California offers catastrophe plan to draw insurers back to the...
By Anthony De Leon, LOS ANGELES TIMES
https://www.latimes.com/california/newsletter/2024-03-29/california-offers-catastrophe-plan-to-draw-insurers-back-to-the-state-but-at-what-cost-essential-california
California intends to attract insurers back with flexible policies
The homeowners insurance crisis in California worsened last week when State Farm General Insurance announced that it wouldn’t renew 72,000 property...
The Los Angeles Times – California’s home insurance crisis: What went wrong, how it...
By Laurence Darmiento, LOS ANGELES TIMES
https://www.latimes.com/business/story/2024-03-29/californias-insurance-crisis-what-went-wrong-whats-being-done-to-fix-it-and-how-homeowners-can-help-themselves
Climate change and extreme weather have contributed to catastrophic fires that destroyed thousands of California homes in recent years - and an insurance crisis that could result in the...
Politico: Spotlight
By Blanca Begert, POLITICO
https://www.politico.com/newsletters/california-climate/2024/03/28/california-and-the-feds-are-already-diverging-on-evs-00149685
GETTING PERSONAL: Put Consumer Watchdog and the Personal Insurance Federation of California in the same room, and you’re bound to get fireworks.
Representatives for the two organizations drew vastly different pictures of...
KTXL-SAC (FOX) – Sacramento, CA: Addressing CA’s Insurance Crisis
https://www.youtube.com/watch?v=_bPtJt4YMWI
Carmen Balber wants the legislature to require insurance companies provide coverage for homeowners who have taken steps to reduce fire risks and protect their properties.