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Allstate said the wildfires blazed through Southern California last month will bring the insurance company a sizable loss – $1.1 billion.

Home and auto insurance premiums have been soaring in the U.S. for years, and it is not just because of inflation and greater losses from natural disasters.

State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it received after last month's devastating wildfires.

Venture capital and cryptocurrency companies have claimed that they are subject to politically motivated discrimination, though the banks firmly deny that.

Insurance companies are expected to face significant losses due to the wildfires in Southern California, though a report by Wells Fargo expects those will be "manageable."

Financial analysts at Wells Fargo Securities estimated that insured losses from the Southern California wildfires could exceed $30 billion based on their latest analysis.

Insurance and utility stocks with California exposure took a hit Friday as the Los Angeles fires continued to rage.

Allstate, Chubb and Travelers are the most exposed carriers to insured losses in the wildfires, according to JPMorgan.

Raging wildfires in Southern California are an early, high-stakes test of new regulations designed to shore up the state’s spiraling homeowners insurance market.

Have several children, a driveway full of cars and a few moving violations? Good luck to you. There are some ways to lessen the financial pain.

Some 235,000 commercial buildings worth upwards of $1 trillion are in the path of Hurricane Milton as the storm barrells toward Florida, according to Moody's.

If your home has been damaged, you may be at the beginning of a long process.