Los Angeles fire losses could reach $30 billion for insurers
Multiple fires raging across the Los Angeles area will cost insurers as much as $30 billion, Wells Fargo and Goldman Sachs estimated in a report released this week. After accounting for non-insured damages, the total costs will balloon to $40 billion, the report said.
The Eaton Fire that tore through Altadena, California, turned the home of Jeff and Jennifer Cohen into a shell of what it ...
Massive fires continue burning after igniting in the foothills of Pacific Palisades, and Altadena, forcing thousands to ...
California Insurance Commissioner Ricardo Lara issued a one-year moratorium on insurance companies canceling or non-renewing ...
One of President-elect Trump's most controversial nominees was the first to face the scrutiny of a Senate confirmation ...
Insurance Commissioner Ricardo Lara has issued a one-year moratorium on home policy non-renewals and cancellations in the ...
The post Dealing With the Damage: Filing an Insurance Claim After a Fire, Step by Step appeared first on Real Estate News & ...
Californians who didn't find new homeowners coverage after being dropped by their insurers stand to lose everything from the ...
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California issues 1-year moratorium on insurance cancellations in fire areasCalifornia's insurance commissioner has banned insurance companies from canceling or not renewing polices for homeowners ...
State Farm and other insurers in California have cut policies in the past year to reduce their exposure to risks like wildfires.
Insurance companies are expected to face significant losses due to the wildfires in Southern California, though a report by ...
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