Insurance commissioner issues moratorium on home policy cancellations in fire zones
Insurance Commissioner Ricardo Lara has issued a one-year moratorium on home policy non-renewals and cancellations in the ...
California fires put Los Angeles and outlying areas on high alert: What to know
Los Angeles is reeling from the most destructive wildfires in its history, and firefighters are struggling to contain the ...
California Fires Cause Human Misery But Exact Economic Toll on Residents and the Insurance Industry as Well
The human suffering is a disaster. But the economic cost to residents and the insurance industry will add to the woes facing ...
Day 4: LA fires sprawl across 35,000 acres, projected to be the costliest in California's history
More than 35,000 acres have burned so far, and at least 10 deaths have been reported, in what could be the most costly fire ...
The Pacific Palisades Inferno Won’t Engulf the Insurance Industry
Watching Pacific Palisades burn, it may be hard to imagine the insurance industry thriving. But the severe weather of climate ...
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Wildfires will alter California’s homeowners insurance landscape
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 ...
Santa Rosa Press Democrat2h
Los Angeles fires could drastically drive up insurance premiums — and test California’s new market rules
The state’s plan to fix the insurance crisis had barely rolled out when the Los Angeles fires began. Can the market recover ...
Benzinga on MSN2h
Pacific Palisades Faces Insurance Crisis Amid Rising Wildfire Risks and Policy Cancellations
State Farm has dropped around 1,600 policies in Pacific Palisades, where the Palisades Fire has devastated the area. Homeowners in Pacific Palisades have increasingly relied on the FAIR Plan for fire ...
The little-known way some insurers try to stay ahead of wildfires
Insurers hire companies like Wildfire Defense Systems to protect structures. It's an attempt to blunt the economic impact of ...
Live Updates: Fires in California leave at least 10 dead, decimate Los Angeles area
The Palisades, Eaton, Hurst, Lidia and Kenneth fires are burning in Southern California, destroying more than 10,000 structures. Here are the latest updates.
Before the Palisades Fire, many of those homeowners had lost insurance
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.