Hosted on MSN1h
Commissioner blocks insurance cancelations in fire zones: What to know
If your insurance policy was canceled, you may have some recourse based on the California insurance commissioner's latest ...
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.
The Economist1h
The Los Angeles fires will be extraordinarily expensive
T he fires that are burning through southern California may be shocking, but they are not surprising. Anyone who lived in the ...
Grist2h
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.
ABC Action News2h
What's next for California residents who lost their homes in the wildfires
The wildfires in the Los Angeles area will test California's efforts to stabilize the state's insurance marketplace after many insurers stopped issuing residential policies due to the high fire risk.
'Insane Scenario' As Danger Far From Over In California Wildfires
Major airlines including Southwest, United and Delta are warning that wildfires and high winds could affect flights to ...
The New Yorker2h
The Insurance Crisis That Will Follow the California Fires
In 2019, the number of homeowners’ policies in California that were not renewed jumped by more than thirty per cent. In 2023, ...
Insurance commissioner issues moratorium on home policy cancellations in fire zones
Insurance Commissioner Ricardo Lara has issued a one-year moratorium on home policy non-renewals and cancellations in the ...
As wildfires continue to ravage L.A., here's a look at 5 of the worst fires in California history
Early estimates show that the total damage and economic loss due to the Los Angeles wildfires is between $135 and $150 billion.
California fires put Los Angeles and outlying areas on high alert: What to know
Los Angeles is reeling from the most destructive wildfires in its history, and firefighters are struggling to contain the ...
As LA fires rage, California’s insurance commissioner imposes 1-year ban on policy cancellations
Our top priority is protecting Californians during this crisis and helping us to recover,” said state Insurance Commissioner Ricardo Lara.
Day 4: LA fires sprawl across 35,000 acres, projected to be the costliest in California's history
More than 35,000 acres have burned so far, and at least 10 deaths have been reported, in what could be the most costly fire ...