Daily P&C Insurance Agent News
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Daily Property & Casualty Insurance News
California Edition
California Headlines
Auto Insurance
April 10, 2026
California’s Department of Insurance has proposed allowing auto insurers to increase rates by up to 15% due to escalating repair costs and claims from recent accidents. Industry groups support the move, while consumer advocates warn it will burden drivers already facing high premiums.
Home Insurance
April 9, 2026
Two leading property insurers announced plans to non-renew thousands of home policies in high-risk wildfire zones across California. The decision exacerbates the state’s insurance crisis, prompting calls for state-backed reinsurance solutions.
Reinsurance
April 11, 2026
Global reinsurers are demanding significant premium hikes for California P&C lines citing catastrophe exposure and inflation pressures. This could lead to further primary market instability as carriers pass costs to policyholders.
Technology
April 8, 2026
New state legislation requires insurers to disclose AI usage in underwriting and pricing decisions to promote transparency. The rules aim to prevent discrimination while allowing tech innovation in the competitive market.
Catastrophe
April 10, 2026
Responding to seismic activity concerns, the CEA has increased policy limits and participation incentives for homeowners. The expansion addresses growing coverage gaps left by private market retreat from quake-prone areas.
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