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Los Angeles neighbors have vastly different post-wildfire rebuilding options due to insurance crisis
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a story of contrasting fortunes and unequal recovery, a stark reflection of the nation’s growing home insurance crisis.
For many who lost homes in Los Angeles fires, insurance won't cover entire cost of rebuilding
The total cost of rebuilding homes in the L.A.-area fires will outpace what underinsured owners' insurance policies can afford.
California's insurance crisis leaves neighbors facing unequal recovery after wildfires
Unless governments take on the financial burden of serious mitigation efforts, the price of California’s fire risk will remain unequal and left to the homeowners, Collier of UC
Los Angeles wildfires highlight nation's insurance crisis as homeowners try to recover lost homes
The nation’s growing home insurance crisis is in the spotlight as California homeowners begin the long road to rebuilding after the deadly Eaton and Palisades wildfires.
1d
on MSN
Los Angeles fires highlight risk of 'uninsurable future,' experts say
Jewlz and Terry Fahn make up one of thousands of Los Angeles households seeking to recover their losses after the devastation ...
19h
on MSN
Who gets to rebuild? Los Angeles fires expose the weakness of U.S. home insurance.
While there has been a growing crisis in insurance for years, the scale and scope of the Los Angeles wildfires brings the ...
23h
on MSN
State Farm proposes home insurance price hike after $1 billion spent on LA fire claims
State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after ...
2d
Tracking Los Angeles Wildfire Insurance Payments: More Than $4 Billion in Claims Paid Out to Victims
California's insurance authority has launched an online tracking tool that shows how much money has been paid out in claims ...
LAist on MSN
16h
Before they lost their homes in the LA fires, many lost their insurance
Big insurance companies have pulled back from California, forcing thousands to turn to insurers of last resort. Fire victims ...
17m
on MSN
State Farm seeks an emergency insurance rate increase
State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing market ...
5d
on MSN
Online tracker shows insurance payments to wildfire survivors
More than 30,000 insurance claims have been filed after the devastating Los Angeles-area wildfires, according to the new ...
insurancebusinessmag
2d
Claims related to Los Angeles wildfires hit more than $4.2 billion -- report
The insurance industry has paid over $4.2 billion in claims related to the Los Angeles wildfires as of January 30, according ...
1d
on MSN
State Farm asks California to approve rate hikes after wildfires
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it received after last month's devastating wildfires.
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