Why the LA wildfires will worsen California's insurance crisis — even for fire-safe regions
Even before this week's wildfires in Los Angeles County, California was in the middle of an insurance crisis spurred by the threat of intensifying wildfires and other extreme weather events. Since 2022,
California’s insurance is in crisis. The solution will cost homeowners a ton
Lynne Levin-Guzman stood in the front yard of her 90-year old parents’ home in Los Angeles County, California, trying to protect it with a garden hose — because their insurance company no longer would.
California Was Already in a Home-Insurance Crisis Before the Los Angeles Infernos
Industry officials warn of widespread economic damage on par with some of the biggest fire disasters in recent memory.
State Farm canceled California homeowners’ insurance policies months before wildfires
The insurance company canceled thousands of California homeowners' insurance policies last year in an attempt to avoid "financial failure."
Experts break down how the Palisades fire will worsen California's insurance crisis
This week's fires will only worsen the situation, insurance and real estate experts told Business Insider. "It's like we took two steps forward, then we just took five back," Cali
Insurance claim tips for homeowners affected by Southern California wildfires
For the owners of the 1,000-plus structures destroyed by the fires, consumer advocates say there are ways to help get their insurance claims treated fairly and paid in full. “Understand the reality of a large-dollar insurance claim,
LA fires could break California's insurance market
Wednesday's firestorm in a wealthy area of Los Angeles could be the final straw that breaks California's insurance market. The state's insurance market has been teetering on the edge of insolvency for years thanks to catastrophic wildfires that have driven many insurers to stop writing new policies and drop existing ones.
Major insurance company canceled policies in Pacific Palisades months ago: Report
FOX Business' Cheryl Casone joined 'Fox & Friends First' to discuss the insurance crisis in California as wildfires devastate ...
New Website Helps Americans 'Fight Health Insurance' Over Claims
In the wake of the shooting of UnitedHealth CEO Brian Thompson, there has been an outpouring of anger toward the insurance industry for denying medical claims.
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How will LA's devastating fire losses affect insurance and home costs?
The current fires are on track to become one of the most costly disasters in California history. That could threaten the ...
California overhauled its insurance system. Then Los Angeles caught fire.
The Palisades Fire could cause more than $10 billion in damages, further straining the state’s fragile insurance market.
Can you have medicaid and private insurance at the same time: is double coverage possible?
In recent months, many questions have arisen about the Medicaid program and private insurance. We should not forget that they ...
California Residents Without Fire Insurance Lose Everything
Californians who didn't find new homeowners coverage after being dropped by their insurers stand to lose everything from the fires.
The Path Forward For The Health Insurance Industry
A path forward for the U.S. health insurance industry following the mixed public reaction to United Healthgroup CEO Brian ...
5 ways seniors can lower their long-term care insurance costs in 2025
With these strategies, you can save on long-term care insurance costs while maintaining the coverage you need.
Wildfires Intensify Pivotal Moment for Insurance Industry
With over 13,000 homes at risk, the losses from the Los Angeles wildfires could approach $10 billion, according to ...