Insurance

Insurance Commissioner Poizner Announces $50 Million Rate Cut For Northern California AAA Homeowners Insurance Policyholders

Rate Cut to Save Bay Area Homeowners More Than $28 Million
SAN FRANCISCO - Insurance Commissioner Steve Poizner today announced a 10.6% rate cut for California homeowners, a total savings of $50 million for California State Automobile Association Inter-Insurance Bureau (CSAA-IIB, or AAA of Northern California) customers, including more than $28 million in savings for Bay […]

CBIA Sharply Reduces 2008 Housing Forecast

Production Likely to Be Lowest on Record; Homebuilders Call on Lawmakers to Take Quick Action
SAN FRANCISCO – California homebuilders are expected to begin construction on just 72,000 homes, condominiums and apartments this year, significantly lower than earlier forecasts. If that level is correct it will be the lowest production in the Golden State since […]

California Association of REALTORS, Costello & Sons Insurance to form “Real Estate Risk Services”

LOS ANGELES – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) and Costello & Sons Insurance (CSI) today announced the creation of Real Estate Risk Services LLC (RERS), a subsidiary of Real Estate Business Services Inc. (REBS).

Insurance Commissioner Steve Poizner Reminds Mandatory Fire Evacuees that Insurance May Cover Some Living Expenses

SACRAMENTO ― Insurance Commissioner Steve Poizner reminded residents and businesses who have been evacuated from the Summit Fire in Santa Cruz that residents may be eligible for reimbursement for additional living expenses due to a mandatory evacuation and businesses may be eligible for reimbursement due to lost business.