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, two giant insurers, State Farm and Allstate, announced that they would stop writing new policies for various forms of property insurance in California.
California’s insurance commissioner won’t allow canceled or nonrenewed policies in and around the fire zones for a year.
Watching Pacific Palisades burn, it may be hard to imagine the insurance industry thriving. But the severe weather of climate ...
2h
California’s insurance authority rushed to impose a yearlong ban on policy cancellations in parts of Los Angeles hardest hit ...
11hon MSN
California has been hit with an exodus of property insurance companies in recent years, and the state's ongoing wildfires ...
State authorities previously listed the Palisades as one of the five Southern California areas with the highest concentration ...
If your home or business was damaged or destroyed in a wildfire, California Insurance Commissioner Richard Lara says don't ...
Insurance company shares fell Friday as the massive wildfires in California are now estimated to have caused $135 billion to ...
Analysts are evaluating the financial impact of the wildfires that have charred hillsides, homes, and streets in Los Angeles ...
Ballooning expenses for insurers and homeowners alike are most pronounced in disaster-prone areas like California and Florida ...
Renters insurance can positively impact landlords by reducing their liability, protecting their policy rates and improving ...
With insured losses ballooning, home-insurance rates in places like Vermont and Virginia are rising, too.
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback