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Beverly Hills, Hollywood Hills, Malibu and the densely-populated San Fernando Valley are facing a "particularly dangerous situation."
This week's update includes insurance industry news from FM, Clyde & Co. and more.
"I'm hoping that insurance companies take a look at... the way they handle cancellations, and make some changes."
The last three years of class action settlements totaled more than $159 billion.
Policygenius: Fifty-one percent of homeowners ages 18 to 34 had their coverage dropped in the last three years.
On average, it costs over $1,000 for an adjuster to handle a single claim.
Is the green transition on hold, and what would that mean for insurance?
Insurers must write polices for at least 85% of their statewide market share.
These five trends are most likely to shape the insurtech market in the year to come.
Remember, interior heat should never be set below 55 degrees in order to prevent pipes from freezing.