Regulation/Legislation

This potentially unsettling phenomenon is poised to rise from a confluence of factors, including skyrocketing insurance costs.

Insurers under a new plan have agreed to write at least 85% of their California market share in high-risk zones.

Topa Insurance was fined $2.1 million over an allegation that more than two dozen auto claims were mishandled.

The proposed reforms show a sea change from where the California Department of Insurance was six months ago.

The law will require companies to report cyber incidents within 72 hours and flag paying a ransom within 24 hours.

The order tasks the insurance commissioner with improving the rate approval process, a long-time sticking point with carriers in the state.