How will the California wildfires shape the home insurance industry?
In recent years, insurers like Allstate, American National, The Hartford and State Farm have stopped renewing policies or issuing new policies for California homeowners.
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."
Pacific Palisades fire may spell an end to cheap homeowners insurance in California
The Pacific Palisades area ravaged by wildfires in Los Angeles is one of the most expensive neighborhoods in the U.S., home to Hollywood A-Listers and multimillion dollar mansions. And ahead of this week's disaster,
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.
Are California Wildfires Covered by Insurance? What To Know
The fires in Southern California are expected to cause devastating losses to residents—many of whom have had their insurance policies canceled last year.
Everything To Know About Homeowners Insurance In The Case Of Wildfire Damage
In the wake of massive fires popping up in California and other areas on the West Coast, ensure you know what your homeowners insurance will cover.
How the California fires are fueling an 'insurance crisis'
Raging brush fires in California are causing mass destruction, exacerbating the state's home insurance crisis.
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.
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.
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.
Los Angeles wildfires rage as California homeowners battle an 'insurance crisis'
The wind-driven wildfires burning out of control in the Los Angeles area couldn't have emerged at a more perilous moment for California's homeowners, as officials try to rehab what they concede is a deepening "insurance crisis.
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 ...
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 ...
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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 ...
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.
Lloyd’s CEO Explains Why Insurance ‘Matters’ Again
John Neal joins In the City to discuss the difficulty of using artificial intelligence and how climate change is impacting ...
Man charged with attempted murder faces insurance fraud charges
A 31-year-old man who was charged with attempted murder of a Broadway police officer stemming from Oct. 3, 2024 is facing ...
Need health insurance? MNsure's 2025 deadline approaches
Minnesotans who need health insurance have one week remaining to apply for a private health plan through MNsure. The deadline ...
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L.A. fires put stress on an already troubled insurance industry
The devastating wildfires raging through Los Angeles are re-opening the debate about how to model and manage risk for the ...