Press releases are posted on Independent.com as a free community service. SACRAMENTO, Calif. — Today Insurance Commissioner Ricardo Lara enforced his “first of its kind” catastrophe modeling and ...

With insurers continuing to pull back from the California’s homeowners’ market, Gov. Gavin Newsom wants to speed up the process by which the companies have their requests for rate hikes reviewed. The ...

The California Department of Insurance has commissioned a task force to develop a first-in-the-nation smoke damage standard that could be the blueprint for a national standard. Once thought of as a ...

Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a decade, ...

SACRAMENTO, Calif. (AP) — Months after California’s home insurance market was rattled by major companies pausing or restricting their coverage, the state’s top regulator said Thursday that he would ...