Californian insurers reduce coverage for wildfire-hit areas

August 23, 2019

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A contraction in available homeowners’ insurance in wildfire-hit areas of California risks “communities unravelling”, according to the state’s insurance commissioner.

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Californian insurers reduce coverage for wildfire-hit areas

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Californian insurers reduce coverage for wildfire-hit areas

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Fuel a smarter strategy with our actionable market intelligence

Topics

Commercial property grew increasingly competitive ahead of July 1 renewals

Surplus lines premium growth for three largest states rose 15.3% in June

Canadian ice storm loss estimate bumped up to C$416mn

Property rates fell but insureds upped their coverage for 7.1: Gallagher’s Bane

Cat rates dip 10%-15% in mid-year renewals: Gallagher Re