California, Pacific Palisades
Even before this week's devastating wildfires left thousands of structures in smoldering ruins across some of the most ...
State Farm cited “catastrophe exposure” as one reason it wasn’t renewing policies for many Californians, including those in Los Angeles’ Pacific Palisades.
The insurance company canceled thousands of California homeowners' insurance policies last year in an attempt to avoid ...
The massive fires that have destroyed much of Pacific Palisades and demolished thousands of homes and structures in Los ...
Last year, State Farm said it was cancelling coverage for 72,000 houses and apartments in California. Local representatives said millions of residents whose homes were ...
The Palisades Fire could cause more than $10 billion in damages, further straining the state’s fragile insurance market.
With over 13,000 homes at risk, the losses from the Los Angeles wildfires could approach $10 billion, according to ...
The current fires are on track to become one of the most costly disasters in California history. That could threaten the ...
In recent years, insurers like Allstate, American National, The Hartford and State Farm have stopped renewing policies or ...
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A California law passed in 1988 and its regulations play a significant role in why insurance companies are fleeing the state, ...
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