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.
The Palisades Fire could cause more than $10 billion in damages, further straining the state’s fragile insurance market.
California’s insurance commissioner won’t allow canceled or nonrenewed policies in and around the fire zones for a year.
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.
CNBC's Contessa Brewer and Elyse Greenspan, Wells Fargo, joins 'Power Lunch' to discuss insurer's liability around the ...
Abandoned by their insurance carrier, one local, at great personal risk, took it upon herself to fight the fire ...
In 2019, the number of homeowners’ policies in California that were not renewed jumped by more than thirty per cent. In 2023, ...
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." ...
Severe and frequent natural disasters have hastened the insurance industry's retreat from high-risk areas, particularly Florida and California.
Even if you have insurance, you can apply for assistance through FEMA if you live in a declared federal disaster area.
Thousands of people have been forced to evacuate their homes in California as six fires continue to devastate the Los Angeles area.
Early estimates show that the total damage and economic loss due to the Los Angeles wildfires is between $135 and $150 billion.