Los Angeles wildfires spark insurance anxiety among victims
As Los Angeles construction worker Ivan De La Torre surveyed a landscape of smoking wreckage in fire-ravaged Altadena, a question nagged at him: how would insurance companies cover the cost of rebuilding an entire neighborhood?
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 of potential wildfire risks. The community also is among the areas most impacted by an unavailability of insurance coverage.
'We're going to be there': Evacuated Los Angeles couple housing dozens of wildfire victims
Gina Zapanta and husband Michael Alder sprang into action to offer emergency housing and supplies to wildfire victims.
Insurance industry stares at potential record-breaking losses from Los Angeles wildfires
Analysts are evaluating the financial impact of the wildfires that have charred hillsides, homes, and streets in Los Angeles County, with initial estimates suggesting total insured losses could reach as high as $20 billion.
Los Angeles struggles to contain wildfires; death toll reaches 11
As of Friday afternoon, six wildfires were burning across Los Angeles County, including a fresh one that had ignited just hours earlier.
Los Angeles Wildfires Trigger Air Quality Warnings and Health Concerns
Fanned by fierce winds and fueled by vegetation bone-dry after a long period of little or no rain, the Los Angeles fires broke out on Tuesday and have relentlessly burned more tha
Los Angeles faces more wildfire evacuations even as fierce winds ease
By Jorge Garcia, Rollo Ross and Maria Alejandra Cardona LOS ANGELES (Reuters) -Fierce winds that have supercharged wildfires sweeping parts of Los Angeles finally eased on Friday night, bringing some relief to weary firefighters,
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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 ...
Homeowners Affected by Palisades and Eaton Fires Get Insurance Protections
California’s insurance commissioner won’t allow canceled or nonrenewed policies in and around the fire zones for a year.
California wildfire insurance chaos, dumping DEI and IRS tax season
A wild week on Wall Street included a selloff of insurance stocks as wildfires raged in California, tough talk from President ...
California Bans Insurance Policy Cancellations in L.A. Until 2026 as Wildfire Disaster Costs Pile Up
California’s insurance authority rushed to impose a yearlong ban on policy cancellations in parts of Los Angeles hardest hit ...
Fire home insurance: What people in California should not do
If your home or business was damaged or destroyed in a wildfire, California Insurance Commissioner Richard Lara says don't ...
California Fires Have Caused Billions of Dollars in Losses. Why Insurance Stocks Have a Brighter Future.
Watching Pacific Palisades burn, it may be hard to imagine the insurance industry thriving. But the severe weather of climate ...
Insurance stocks tumble as LA fires threaten record losses
Insurance stocks like Allstate, Progressive and Chubb fell on Thursday as analysts expect wildfires in LA to pose over a $20 ...
Renters Insurance: Why It Matters For Landlords
Renters insurance can positively impact landlords by reducing their liability, protecting their policy rates and improving ...
California insurance crisis: List of carriers that have fled or reduced coverage in the state
California has been hit with an exodus of property insurance companies in recent years, and the state's ongoing wildfires ...