About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
We need to make it incredibly expensive to build in these kinds of environments,’ one expert told The Independent. ‘If the ...
Insurers have been cutting coverage for thousands of homeowners across the neighborhoods most affected by this week's ...
State Farm cited “catastrophe exposure” as one reason it wasn’t renewing policies for many Californians, including those in Los Angeles’ Pacific Palisades.
Popular narrative suggests insurance companies have to raise rates due to fire risk. In reality, the companies are doing ...
The massive fires that have destroyed much of Pacific Palisades and demolished more than 2,000 homes in Los Angeles County ...
The outbreak of deadly wildfires in Southern California has prompted criticism of insurers who have dropped coverage in the ...
In recent years, insurers like Allstate, American National, The Hartford and State Farm have stopped renewing policies or ...
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 current fires are on track to become one of the most costly disasters in California history. That could threaten the ...
More than 29,000 acres have burned so far — and at least 10 deaths have been reported as of 9 p.m. local time on Thursday.