California is modernizing its insurance rate hearing process for the first time in over 35 years, potentially affecting how quickly insurers can adjust premiums and how consumer advocates participate in rate decisions.
California Insurance
California Auto Insurance Next? Homeowners Flee to Surplus Lines
California’s homeowners insurance market has fundamentally shifted with over 300,000 policies now in surplus lines, driven by standard carrier exits rather than increased wildfire risk. This structural change signals potential spillover effects for auto insurance markets statewide.