In recent years, insurers like Allstate, American National, The Hartford and State Farm have stopped renewing policies or ...
Wildfires are burning in Los Angeles for a fourth day, with at least 10 people killed in the blazes. The latest fire is being ...
Between 2020 and 2022, insurance companies declined to renew 2. 8 million homeowner policies in the state, including 531,000 in L.A. County.
LA fires threaten to hike insurance premiums, challenging California's new market rules as homeowners brace for rising costs and growing wildfire risks.
State Farm, which canceled hundreds of policies in Pacific Palisades last summer, is encouraging customers affected by the fires to file damage claims.
The system is already strained by climate-induced disasters, says Wharton's Ben Keys. Homeowners across the state may bear ...
Utility giant Southern California Edison received "evidence preservation notices" from attorneys representing insurers.
After devastating fires in Los Angeles County, California lawmakers will consider changes to the state's troubled insurance ...
California has been hit with an exodus of property insurance companies in recent years, and the state's ongoing wildfires ...
The Palisades, Eaton, Hurst, Lidia, Kenneth and Sunset fires are burning in Southern California, forcing tens of thousands of people to evacuate. Here are the latest updates.
Jasper Cooper, senior credit officer for Moody's Ratings, expected insured losses to amount to billions of dollars given the area's high values of homes and businesses ...
An unstable state-chartered insurance program might be forced to impose assessments on insurance companies and policyholders.