Insurance crisis looms in California as fires ravage communities
Insurance companies and rates haven’t kept up with increasingly catastrophic events like the California wildfires or ...
Live Updates: Fires in California leave at least 11 dead, decimate Los Angeles area
The Palisades, Eaton, Hurst, Lidia and Kenneth fires are burning in Southern California, destroying more than 10,000 ...
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What's next for California residents who lost their homes in the wildfires
The wildfires in the Los Angeles area will test California's efforts to stabilize the state's insurance marketplace after many insurers stopped issuing residential policies due to the high fire risk.
As wildfires continue to ravage L.A., here's a look at 5 of the worst fires in California history
Early estimates show that the total damage and economic loss due to the Los Angeles wildfires could be between $60 billion and $130 billion.
Yes, State Farm ended insurance coverage for many in the Pacific Palisades in 2024
State Farm cited “catastrophe exposure” as one reason it wasn’t renewing policies for many Californians, including those in Los Angeles’ Pacific Palisades.
The Economist6h
The Los Angeles fires will be extraordinarily expensive
T he fires that are burning through southern California may be shocking, but they are not surprising. Anyone who lived in the ...
Grist6h
California overhauled its insurance system. Then Los Angeles caught fire.
The Palisades Fire could cause more than $10 billion in damages, further straining the state’s fragile insurance market.
The New Yorker6h
The Insurance Crisis That Will Follow the California Fires
In 2019, the number of homeowners’ policies in California that were not renewed jumped by more than thirty per cent. In 2023, ...
California fires: VP Harris called out over claim about canceled insurance
The insurance industry is pushing back against Vice President Kamala Harris suggesting carriers canceled the policies of some California wildfire victims, calling her claims "false." ...