California wildfires continue with dry conditions and powerful winds —which are due to last through Friday — fueling at least five fires.
California Fires Have Caused Billions of Dollars in Losses. Why Insurance Stocks Have a Brighter Future. Watching Pacific ...
Users say opportunists are contacting owners of houses destroyed in the wildfires with low-ball offers for their land.
The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize the state’s insurance marketplace after many insurers stopped issuing ...
California Insurance Commissioner Ricardo Lara issued a one-year moratorium that protects homeowners' insurance if they live in the areas impacted by wildfires.
As of Thursday night, the the Palisades Fire was 6% contained. Early estimates predict $57 billion in damages, which could possibly cause the state's insurance crisis to swell. Between 2020 and 2022, ...
The state’s plan to fix the insurance crisis had barely rolled out when the Los Angeles fires began. Can the market recover ...
Among the thousands of buildings destroyed in the Los Angeles wildfires were a mosque, a synagogue, a Catholic parish and a half-dozen Protestant churches.
In a sign of how difficult it was, even before the recent fires, for homeowners to obtain insurance, California's insurer of last resort, known as the FAIR Plan, had an estimated $9 billion exposure ...
If your insurance policy was canceled, you may have some recourse based on the California insurance commissioner's latest order. The state may also be able to help fire victims without any insurance.
State Farm cited “catastrophe exposure” as one reason it wasn’t renewing policies for many Californians, including those in Los Angeles’ Pacific Palisades.