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 ...
L.A. Wildfires Lay Bare an Insurance Crisis
Even before the latest blazes, California officials warned that an emergency state insurance fund was in trouble, while ...
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‘Progressive governance doesn’t work’ even in wildfires: Bill O’Reilly
Bill O’Reilly calls out California’s “progressive leadership” and the insurance companies that have done “nothing” for the fire victims.
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Early estimates predict $57B in damages from California fires; National Guard called in amid looting
Between 2020 and 2022, insurance companies declined to renew 2. 8 million homeowner policies in the state, including 531,000 in L.A. County.
Fires in California leave at least 10 dead, decimate Los Angeles area: Live Updates
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.
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LA fires could drastically drive up insurance premiums — and test California’s new market rules
LA fires threaten to hike insurance premiums, challenging California's new market rules as homeowners brace for rising costs and growing wildfire risks.
California's Largest Insurer Speaks Out About Wildfires
State Farm, which canceled hundreds of policies in Pacific Palisades last summer, is encouraging customers affected by the fires to file damage claims.
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As wildfires burn in Los Angeles, insurers brace for a potential financial disaster
The system is already strained by climate-induced disasters, says Wharton's Ben Keys. Homeowners across the state may bear ...
California Insurers Ask to Preserve Evidence of Wildfires
Utility giant Southern California Edison received "evidence preservation notices" from attorneys representing insurers.
California lawmakers to consider expediting insurance claims after L.A. fires
After devastating fires in Los Angeles County, California lawmakers will consider changes to the state's troubled insurance ...
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 ...
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LA wildfire insured losses total billions of dollars, ratings agencies say
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 ...