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 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 ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. As authorities struggle to contain wildfires that have ...

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 ...

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 ...

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 ...