Allstate said the wildfires that blazed through Southern California last month will bring the insurance company a sizable loss. CEO Tom Wilson said in a statement Wednesday that the wildfire-related ...

Allstate has become the latest insurer to no longer issue new home or property insurance policies in California. State Farm made a similar announcement last month that it would no longer offer new ...

ABC7 reported how State Farm Insurance stopped selling new homeowner policies in California last Saturday -- now a second major carrier, Allstate Insurance, confirmed today it ended new home policies ...

Allstate Insurance says it will pay out $1.1 billion in claims caused by the wildfires that swept through Southern California in January. While the expected payout is significant, Allstate said ...

Total insured losses from the horrific Los Angeles wildfires currently exceed $30 billion, and they’re expected to go higher. This catastrophe, when all is said and done, easily will be among the top ...

Wildfires continue to ravage Los Angeles county on Thursday, causing billions of dollars in damage to homes and businesses. What To Know: Accuweather on Wednesday issued a preliminary estimate of the ...

This is read by an automated voice. Please report any issues or inconsistencies here. Insurance Commissioner Lara’s 2023 regulatory overhaul promised to ease California’s insurance crisis but instead ...

California-based property and casualty insurance stocks and exchange-traded funds are in focus as the Los Angeles wildfires have wreaked havoc and ruined over 10,000 structures. What Happened: As five ...