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California | Insurance Insider US
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| Jan 22, 2025 2:22:16 PM
Catastrophe losses
LA fire subrogation: The ~$8bn dollar question
The market expects a lower proportion of restoration by utilities than after 2018’s Camp Fire.
Rachel Dalton
,
January 21, 2026
Catastrophe losses
Is the industry underestimating quake risk?
Over 30 years after the Northridge earthquake, quakes have fallen out of market discussions.
Adam Kovac
,
January 20, 2026
Catastrophe losses
End of California drought doesn’t mean no wildfire risk: KCC’s Clark
Increased vegetation could spell trouble in the future.
Adam Kovac
,
January 16, 2026
Catastrophe losses
Palisades and Eaton wildfires were 1-in-35-year event: Gallagher Re
The broker has analyzed the differences in wildfire risk between Northern and Southern California.
Jai Singh
,
January 14, 2026
Regulation
California’s Lara backs bill to end claims payment ‘delays and runarounds’
The bill would also mandate guaranteed replacement cost coverage.
Clark Mindock
,
January 07, 2026
Catastrophe losses
More than $22.4bn in claims paid out from California wildfires: APCIA
This is lower than some estimates, which had put insured losses at over $30bn.
Adam Kovac
,
January 05, 2026
Brokers
Alliant enlists Newfront’s Johnson as EVP within M&A specialty vertical
Based in San Francisco, the executive specializes in venture capital and AI companies.
Jairo Ibarra
,
December 23, 2025
M&A
WTW back in M&A game with Newfront after nearly a decade on the sidelines
The deal valued the tech-driven broker at over ~21x 2025 adjusted Ebitda, suggesting a hefty premium.
Jairo Ibarra
,
December 16, 2025
Brokers
Newfront deal enhances WTW’s presence in high-growth specialties: CEO Hess
WTW still has meaningful capital to deploy next year but will provide details on its next earnings call.
Jairo Ibarra
,
December 10, 2025
Catastrophe losses
Commercial E&S carriers eyeing California growth despite wildfire risk
Admitted carriers on the other hand are still exercising caution as regulatory reforms take hold.
Adam Kovac
,
December 03, 2025
Regulation
Farmers lifts cap on new homeowners’ policies in California
The carrier said it anticipates a better market due to recent reforms.
Clark Mindock
,
November 24, 2025
Personal Lines
AM Best downgrades State Farm FSR on cats and regs environment
The ratings agency said that it continues to assess State Farm’s balance sheet among the strongest.
Clark Mindock
,
November 17, 2025
Regulation
CA’s landmark risk rules challenging but not insurmountable: experts
Industry sources said they expect most larger firms will be able to meet the requirements.
Clark Mindock
,
November 07, 2025
M&A
Abry sells auto warranty firm Portfolio to Dai-ichi Life’s Protective Life
Sources said that the transaction valued the Californian auto F&I business at over $1bn.
Jairo Ibarra
,
October 30, 2025
Catastrophe losses
Florida, California lead the US in non-renewal of policies in force: Weiss Ratings
Exposure for California’s Fair plan has jumped, as insurers drop policyholders.
Adam Kovac
,
October 29, 2025
Regulation
California proposes regs requiring insurers to report climate, AI risk scenarios
The regulations are designed to address long-term solvency concerns.
Clark Mindock
,
October 28, 2025
Earnings
E&S will continue to be ‘big portion’ of California business post-wildfires: CinFin
The LA fires were a microcosm of “everything we do well when things go bad”.
Clark Mindock
,
October 28, 2025
Regulation
Senate committee advances wildfire forest bill championed by industry
The bill includes provisions to encourage retrofitting homes in high-risk areas.
Clark Mindock
,
October 24, 2025
M&A
Los Angeles independent intermediary Venbrook mulls potential sale
Sources said the PE-backed platform retained IAP to advise on the process.
Jairo Ibarra
,
October 20, 2025
MGAs/MGUs
Admitted homeowners’ a good place to be as E&S rates fall: SageSure CEO
SageSure’s recent M&A in Florida was driven by being selective with policies and smart about claims costs.
Adam Kovac
,
October 17, 2025
Regulation
California governor signs mitigation discount reforms, Fair Plan cat bond bill
The governor has yet to sign a pending bill to create a public cat model.
Clark Mindock
,
October 10, 2025
Catastrophe losses
Feds arrest Uber driver linked to catastrophic Palisades Fire
Jonathan Rinderknecht was arrested Tuesday on destruction of property charges.
Sanvi Bangalore
,
October 08, 2025
Brokers
The Liberty Company widens fundraising process to include debt options
JP Morgan and RBC are advising the brokerage on its options ahead of an eventual IPO.
Jairo Ibarra
,
October 08, 2025
Specialty lines
BMS and Price Forbes win major public entity deals from Howden
Alliant is in the process of moving the ~$1bn of business it places with Howden to other wholesalers.
Adam McNestrie
,
October 06, 2025
Legal
California regulator cracks down on Tesla Insurance over claims handling
The charges allege “egregious delays” and “unreasonable denials” in claims.
Clark Mindock
,
October 06, 2025
Brokers
Agency deal roundup: World, Novacore, Amwins and more
The Insurance Insider US news team runs you through this week’s key agency M&A.
Olivia Royle
,
October 03, 2025
Rates
California Fair Plan requests 35.8% rate increase after LA wildfires
The request cites use of Verisk’s forward-looking wildfire model.
Clark Mindock
,
October 03, 2025
M&A
Homeowners' MGA Bamboo sold to CVC at $1.75bn valuation
Seller White Mountains will retain a roughly 15% fully diluted equity stake.
Clark Mindock
,
October 03, 2025
M&A
Homeowners' MGA Bamboo nears $1.75bn sale to CVC
The business has been ~70% owned by White Mountains since January 2024.
Adam McNestrie
,
October 02, 2025
Regulation
‘We’re holding ourselves accountable’: CA insurance commissioner Lara
California’s insurance regulator has Fair Plan depopulation, cat models on his mind.
Clark Mindock
,
September 25, 2025
Regulation
CA Commissioner Lara proposes reforms to rate review process
The proposed changes aim to establish clear guidelines for intervenors.
Olivia Royle
,
September 22, 2025
Regulation
California lawmakers pass bills for Fair Plan cat bonds, create public risk model
The measures also seek to encourage greater wildfire mitigation efforts.
Clark Mindock
,
September 16, 2025
WSIA Hub 2025
Delos offering up $3mn homeowners’ limits following capacity increase
The specialty MGA said it didn’t experience direct losses from the LA wildfires.
Clark Mindock
,
September 15, 2025
Catastrophe losses
When does mitigation become part of the ‘Patrick Mahomes rate’?
IBHS CEO Roy Wright says insurers need a comprehensive approach to resilience.
Clark Mindock
,
September 12, 2025
Regulation
Talent, AI and litigation funding top of mind at IACP 2025
The annual meeting took place in Pasadena, California, miles from the site of LA wildfires.
Clark Mindock
,
September 11, 2025
MGAs/MGUs
Delos seeing growth after LA wildfires proved models: CEO Stein
The wildfire MGA is expecting to write higher value homes soon and may expand into new states.
Clark Mindock
,
September 10, 2025
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