California fire insurer of last resort to be bailed out by assessments on other insurers
(The Center Square) – California’s state-supervised fire insurance provider of last resort received approval to levy a $1 billion assessment on private insurers to ensure it can continue paying claims from the devastating January 2025 wildfires.
This article is available to Insider Pro subscribers only.Sign in or register to be an Insider Pro and access ALL LOCKED articles.
Conscience protections for medical providers move ahead in Iowa House
Tariffs, immigration plans leave the Fed with tough calls on rates
Advisor News
- Economy showing momentum despite uncertainty
- 7 ways financial advisors can benefit by giving back to nonprofits
- Emergency Preparedness: How advisors can prepare clients for hurricanes
- Federal employees: An emerging market for advisors
- The financial advisor’s guide to creating an effective value proposition
More Advisor NewsAnnuity News
Health/Employee Benefits News
- Long-term care planning can help people retain independence
- Health insurance for millions could vanish as states put Medicaid expansion on chopping block
- Targeted by Trump, Medicaid funding stirs debate as CT changes rules for hospitals
- Nassau County corrections officer facing grand larceny charges
- Findings from Brown University in Health and Medicine Reported (Oregon’s Hospital Payment Cap and Enrollee Out-of-pocket Spending and Service Use): Health and Medicine
More Health/Employee Benefits NewsLife Insurance News
- AM Best Places Credit Ratings of Banner Life Insurance Company and William Penn Life Insurance Company of New York Under Review With Developing Implications
- Best's Review Examines Value in Innovation Culture
- Initial Registration Statement for Employee Benefit Plan (Form S-8)
- Securian Financial Enhances Its Flagship Indexed Universal Life Insurance Product
- AM Best Affirms Credit Ratings of The Dai-ichi Life Insurance Company, Limited
More Life Insurance News