California Casualty Group, a trusted auto and home insurer serving California’s educators, peace officers, firefighters, and healthcare workers for over 110 years, is excited to announce a new initiative to help community heroes transition from California’s FAIR plan. This effort supports Insurance Commissioner Ricardo Lara’s Sustainable Insurance Strategy (SIS) and underscores California Casualty’s commitment to providing protection and peace of mind for community heroes by making insurance simple, trusted, affordable, and relevant. 

Supporting Stability and Access 

California Casualty has submitted a rate filing for its California homeowners program based on the Sustainable Insurance Strategy developed by the California Department of Insurance. The filing requests a homeowners rate increase of 6.9% to address the growing number and intensifying impact of wildfires and other natural disasters. Approval of this filing, combined with the recent Financial Stability Rating® of “A, Exceptional”, received from Demotech, Inc., will enable California Casualty to actively increase the number of customers it serves in California and reduce reliance on the state’s high-cost, limited-coverage FAIR Plan.  

“The Sustainable Insurance Strategy helps restore stability and access to California’s homeowners insurance market,” said Mark Pitchford, Chief Operating Officer at California Casualty Group. “We appreciate all the work being done by the Commissioner and the Department to make coverage more accessible to homeowners across the state.” 

Commitment to California 

While some insurers have reduced their presence in the state, California Casualty has remained committed to California. The company continues to provide insurance in distressed areas where coverage is hardest to find. Today, California Casualty insures more homeowners in these communities than required under the SIS’s 85% threshold. The company plans to add California homeowners policies and maintain its commitment in distressed areas – helping to ease the insurance crisis and reduce reliance on the California FAIR Plan. 

“We believe that people who commit to making a difference in our communities deserve financial protection with the highest levels of care, service, compassion, and understanding,” said Carl B. (Beau) Brown, President and Chief Executive Officer of California Casualty. “We remain committed to serving these community heroes throughout the state and investing in the long-term health of California’s insurance market.” 

 About California Casualty 

California Casualty Auto and Home Insurance is designed for community heroes and their families. In business since 1914, California Casualty is the endorsed auto and home insurance partner to education, higher education, public safety, and healthcare member/employee groups across seven western states. Since its founding, California Casualty has been led by four generations of Brown family members. Their dedication to California Casualty’s excellence is woven through the entire fabric of our organization. We know what it takes to deliver the value and peace of mind you deserve. Learn more at www.CalCas.com. 

 

California Casualty