Recent LA wildfires will cause up to $30 billion in insured losses, impacting insurers like State Farm and Zurich Insurance Group AG. Click for my ZURVY update.
Mercury General Corporation said it has received a significant number of claims in connection with the Southern California wildfires and is using aerial imagery to assist in assessing potential total ...
Mercury General Corp., parent of Mercury Insurance, says it has paid about $80 million in claims so far to victims of the Southern California Wildfires, and has "sufficient liquidity" to survive the ...
Mercury General Corporation has paid $80 million to policyholders, mainly for living expenses and housing contents due to the ...
Should it choose to claim for the two fires as separate events, Mercury said it could use its coverage of up to $1.29bn for ...
Mercury General issued more information about the recent Southern California Wildfires, known as the Palisades and Eaton fires, and ...
The University of Colorado has arranged to obtain a record amount of insurance coverage for Heisman Trophy winner Travis Hunter and quarterback Shedeur Sanders to protect them in case they are ...
Californians already are struggling to stay affordably and adequately insured in the face of a nonrenewal and availability ...
State Farm General and the California FAIR Plan — cover more homes in the areas where the Los Angeles County fires have ...
While adjusters set up command posts, carriers brace for enormous losses and higher premiums for policyholders.
Weiss Ratings issued a report alleging that Farmers Insurance and other California insurers reject nearly half of claims from ...
The fires could cause more than $20 billion in damages, further straining the state’s fragile insurance market.