California is not the only U.S. state struggling with insurance availability and affordability, but -- as described in a new Triple-I Issues Brief -- its problems are exacerbated by a three-decades-old legislative measure that severely constrains insurers’ ability to profitably insure property in the state.

After a summer that saw many of California’s top home insurers pull back from the state market, Insurance Commissioner Ricardo Lara announced Thursday that he struck a deal with the insurance industry to encourage new coverage in the state.

Millions of American homeowners are confronting a growing financial dilemma as climate change-driven wildfires and floods push their home insurance rates to unprecedented levels. The situation is compounded when insurers decide to withdraw coverage.

San Francisco might not be the only California colossus in a so-called ‘doom loop.’ The property and casualty insurance market is experiencing a crisis of its own, and the consequences are dire for the entire state economy.

A rumored legislative deal aimed at keeping home insurance companies from bailing on California is dead now that the deadline for a bill has passed.

Oakland is grappling with a growing problem that extends beyond its streets into the serene waters of the estuary. Property crime has spilled onto the city’s docks and marinas, where boat owners are becoming increasingly vulnerable to thefts and burglaries.

A coalition of consumer, environmental, and economic justice organizations is sounding the alarm on what they describe as a secretive wildfire insurance deal that could lead to significant rate hikes in California.

The New Year probably didn’t start the way Safelite officials expected. On Jan. 5, Safelite Group Inc., Safelite AutoGlass (SAG) and Safelite Solutions LLC (SSL) were sued for insurance fraud by a former employee for himself and on behalf of the people of California.

Another major insurance company plans to impose new restrictions on its homeowners business in California, potentially worsening the state’s growing insurance woes and making it more difficult for homeowners and buyers to cover their residences.

Karen Clark & Co. on Monday said privately insured losses from Hurricane Hilary will be close to $600 million in the U.S.

The slow-motion collapse of California’s wildfire insurance market is about to force a political reckoning.

Tropical Storm Hilary deluged arid parts of Mexico and then drenched Southern California from the coast to inland mountains and deserts, forcing rescuers to pull several people from swollen rivers. Millions expected more flooding and mudslides Monday, even as the storm begins to weaken.

The Urban Automobile Insurance Fraud Task Force successfully dismantled an alleged auto insurance fraud ring that had been operating for years, resulting in the arrest of seven individuals yesterday. A total of 23 individuals are facing felony counts of insurance fraud and conspiracy in connection to the case.

Two more insurance companies will exit the California homeowners market, further narrowing options for people seeking to insure their home or to purchase a house with a mortgage.

A California state board is set to vote Aug. 10 on whether to allow tech companies Waymo and Cruise to launch a massive expansion of driverless taxi fleets in San Francisco, but the stakes are far bigger than local politics.