About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
The Palisades Fire could cause more than $10 billion in damages, further straining the state’s fragile insurance market.
Insurance Commissioner Ricardo Lara has issued a one-year moratorium on home policy non-renewals and cancellations in the ...
State Farm, one of California's largest insurance providers, revoked hundreds of homeowners' policies in California, ...
In 2019, the number of homeowners’ policies in California that were not renewed jumped by more than thirty per cent. In 2023, ...
The massive fires that have destroyed much of Pacific Palisades and demolished thousands of homes and structures in Los ...
Californians were already fighting to find affordable insurance policies.
With over 13,000 homes at risk, the losses from the Los Angeles wildfires could approach $10 billion, according to ...
State authorities previously listed the Palisades as one of the five Southern California areas with the highest concentration ...