Watching Pacific Palisades burn, it may be hard to imagine the insurance industry thriving. But the severe weather of climate ...
The family of Thai businessman Vichai Srivaddhanaprabha, who died when his helicopter crashed in 2018, said on Friday it had ...
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
Insurers have been cutting coverage for thousands of homeowners across the neighborhoods most affected by this week's ...
Insurance Commissioner Ricardo Lara has issued a one-year moratorium on home policy non-renewals and cancellations in the ...
Risk models identified the Palisades — along with Silicon Valley’s Los Altos Hills and the Moraga and Orinda area east of San ...
The fires ravaging upmarket Los Angeles districts Pacific Palisades and Malibu will be the most expensive ever to hit ...
State authorities previously listed the Palisades as one of the five Southern California areas with the highest concentration ...
State Farm cited “catastrophe exposure” as one reason it wasn’t renewing policies for many Californians, including those in Los Angeles’ Pacific Palisades.
Insurance stocks like Allstate, Progressive and Chubb fell on Thursday as analysts expect wildfires in LA to pose over a $20 billion hit to the industry.
California Insurance Commissioner Ricardo Lara issued a one-year moratorium that protects homeowners' insurance if they live in the areas impacted by wildfires.