The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...

In the wake of the Los Angeles fires, the California FAIR Plan, the state's property insurer of last resort, requested ...

California’s regulatory restrictions on risk-based pricing have made it difficult for insurers to maintain profitability in ...

California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out claims related to the Los Angeles wildfires, the state Insurance Department said ...

The California FAIR Plan does not have enough money to weather the impact of the record-breaking Los Angeles wildfires on its ...

California Insurance Commissioner Ricardo Lara has approved the California Fair Plan’s request to levy a $1bn assessment on ...

Oxbridge’s Role in the Digital Asset Ecosystem: Through our RWA/Web3 subsidiary, SurancePlus, we are pioneering the tokenization of Real-World Assets (RWAs), with a focus on tokenized reinsurance ...

Fourth quarter net income of $1.21 per diluted share and adjusted operating income of $1.25 per diluted share; full year net income of $2.39 per ...

President Donald Trump's election owed much to the pervasive sense of a cost-of-living crisis. But there lurks another threat to US prosperity that is much harder to address. Wildfires in Los Angeles ...

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Mereo Insurance Limited ...

AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) ...