3+ day, 9+ hour ago   (292+ words) For the first time in three years, capacity is returning to the California homeowners insurance market. Those commitments are showing up in policy counts, not just press releases. After three years of pullback, the trend seems to be finally turning....

1+ week, 4+ day ago   (429+ words) PG&E Corp. plans to defer about $2 billion of investments next year as part of a strategic review of its businesses, a move that comes after it said a proposed revamp of California’s wildfire response didn’t do enough to protect…...

1+ week, 4+ day ago   (263+ words) Medical service costs in California workers’ compensation rose 5% last year on the back of growth in both average payments and utilization, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California released its Medical Service Cost Trends report,…...

1+ week, 4+ day ago   (450+ words) The California Assembly adjourned without passing a revamp of the state’s wildfire response, sending up shares in two key power utilities, PG&E Corp. and Edison International. The deal fell apart Tuesday as lawmakers prepared to leave the state capitol....

1+ week, 5+ day ago   (153+ words) Insurance Journal Established program manager, REInsurePro, expands insurance offering to increasingly popular rental strategy REInsurePro’s Rent-by-the-Room offering is a property and liability package for single-family homes in which each bedroom is leased separately while tenants share common living spaces. This…...

1+ week, 5+ day ago   (333+ words) Los Angeles County sued State Farm, California’s largest home insurer, for alleged delays, denials and underpayments of property damage claims filed by victims of the massive January 2025 wildfires. Related: California Taking Action Against State Farm Over LA Wildfire Claims The…...

2+ week, 2+ day ago   (654+ words) Meta’s move to restrict teenagers’ use of social media in the U.S. shows companies have tools to better protect young people online, Australian officials said on Thursday, while in the Philippines, an official said the U.S. company had…...

2+ week, 2+ day ago   (635+ words) Meta Platforms emerged from its biggest legal challenge in the U.S. with its core business intact. The social media giant agreed on Wednesday to pay as much as $18 billion over a decade and limit how teenagers use Facebook and Instagram under…...

2+ week, 2+ day ago   (618+ words) More than a year after wildfires devastated Pacific Palisades, a nonprofit is advancing a plan to tap the public debt market to create housing in the slow-to-recover Los Angeles wealthy enclave. Uplifters Foundation plans to build new $3 million houses in…...

2+ week, 4+ day ago   (547+ words) Meta Platforms Inc. and state attorneys general have discussed a possible mid-trial settlement of a blockbuster case accusing the company of deliberately designing Facebook and Instagram to addict teens, people familiar with the matter said. The trial, now in its…...