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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.
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 change could actually help this industry grow. So send relief to wildfire victims,
Pacific Palisades is no stranger to fire concerns – or California's home insurance problem
An executive summary of the plan that was previously released mentioned Pacific Palisades by name, noting that "strong winds, notably the Santa Ana winds, can swiftly spread flames, posing threats to nearby communities like Pacific Palisades, Malibu, and Woodland Hills."
Pacific Palisades wildfires may spell an end to cheap homeowners’ insurance in California
Measured against home values, insurance costs are cheaper in the Palisades than in 97 per cent of U.S. postal codes, according to a Reuters analysis of a national database of price data collected by Mulder and University of Pennsylvania’s Wharton School professor Benjamin Keys as well as home-value data calculated by Zillow, a real-estate firm.
Yes, State Farm ended insurance coverage for many in the Pacific Palisades in 2024
State Farm cited “catastrophe exposure” as one reason it wasn’t renewing policies for many Californians, including those in Los Angeles’ Pacific Palisades.
See the Pacific Palisades Fire map tracking the California wildfire as it grows
We’re tracking the fires in Los Angeles, California. See maps of recently burned areas and key locations in the vicinity of the fire.
3h
Victims of the Pacific Palisades fire face another harsh reality: No insurance to rebuild
Insurers have been cutting coverage for thousands of homeowners across the neighborhoods most affected by this week's ...
NBC Los Angeles
4h
How Los Angeles wildfires could affect California's home insurance market
State authorities previously listed the Palisades as one of the five Southern California areas with the highest concentration ...
Santa Rosa Press Democrat
37m
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 ...
1d
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 ...
1d
Pacific Palisades
The Supreme Court is set to hear arguments Friday morning on whether to overturn or delay a law that could lead to a ban on ...
19h
on MSN
An insurance crisis was already brewing in L.A. Then the fires hit.
The Los Angeles wildfires could threaten California’s already unstable insurance market, which carriers have been fleeing as ...
1d
Palisades wildfire: Candace Cameron Bure fears families, small businesses will not recover from devastation
Candace Cameron Bure told Fox News Digital she was "beyond words" to describe how the devastating Palisades Fire would hurt ...
17h
on MSN
Aerial footage shows Pacific Palisades in ruins after Los Angeles wildfires
A drone captured the charred remnants of Pacific Palisades, a neighborhood west of downtown Los Angeles severely impacted by ...
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