New Year brings changes for California home insurance policies

The California Insurance Commissioner has released his long-awaited emergency regulations. Commissioner Ricardo Lara says the rules are designed to bring home insurers back into the state to end the drought of insurance available.

Liberty Mutual company Safeco drops condo coverage and renters insurance

Another major insurance company is trimming its risk by refusing to sell more insurance to multifamily developments. The insurance commissioner promised a more stable and affordable market, but what we have right now are cross currents, contradictions, and chaos.