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California, Los Angeles
Will L.A. Wildfires Worsen California’s Property Insurance Crisis?
Key Takeaways The wildfires that have decimated neighborhoods in Los Angeles this week came just months after California's largest property insurer began allowing thousands of policies to lapse.Insurers,
California Was Already in Home-Insurance Crisis Before Los Angeles Infernos
Industry officials warn of widespread economic damage on par with some of the biggest fire disasters in recent memory.
The Los Angeles Fires Will Put California’s New Insurance Rules to the Test
The state’s insurance industry was reformed in late 2024 to promote coverage in disaster-prone areas. Tens of billions in fire damage will stress-test the new regime.
5h
on MSN
Pacific Palisades fire may spell an end to cheap homeowners insurance in California
By Andy Sullivan The Pacific Palisades area ravaged by wildfires in Los Angeles is one of the most expensive neighborhoods in ...
2h
on MSN
California had a home insurance crisis before the LA fires. It's only going to get worse.
The California wildfires could drive up premiums and prompt a new wave of private insurers dropping policies or declining to write new ones.
19h
on MSN
Why the LA wildfires will worsen California's insurance crisis — even for fire-safe regions
Californians were already fighting to find affordable insurance policies.
6h
on MSN
California is in a home-insurance crisis. The Pacific Palisades fire will only make it worse
We need to make it incredibly expensive to build in these kinds of environments,’ one expert told The Independent. ‘If the ...
7h
California fires: Insurance companies dropping coverage and fleeing the state due to decades-old law
A California law passed in 1988 and its regulations play a significant role in why insurance companies are fleeing the state, experts say.
8h
on MSN
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 ...
3h
Valley representatives warn of California's harsh fire insurance reality
Valley representatives warn of California's harsh fire insurance reality ...
5h
on MSN
Satellite images of the California wildfires
Satellite images from January 6th to 8th show just how quickly the California wildfires spread and the sheer scale of the ...
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wildfires
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