A recent moratorium now protects California policyholders from losing home insurance coverage for at least one year if their ...
It’s time to require these companies to compensate communities, homeowners, businesses and even insurers for the losses.
Insurance providers could charge policyholders a “supplemental fee” if the state’s insurer of last resort runs out of money.
Widespread shifts in home building and insurance coverage are coming.
As he looks at the ruins of his home razed when deadly fires tore through the Los Angeles area, Sebastian Harrison knows it ...
Climate change-fueled natural disasters like the L.A. fires could destabilize the entire U.S. economy, economist Gary W. Yohe wrote.
As insured losses from California’s wildfires climb into the tens of billions of dollars, lawmakers on both sides of the ...
California's Department of Insurance also recently passed regulations that pave the way for rate increases in exchange for increased coverage in wildfire-prone regions. In 2024, some insurance ...
The FAIR Plan’s potential exposure is over $4 billion for the Pacific Palisades Fire and more than $775 million for the Eaton ...
Homeowners seeking to rebuild their homes after a devastating disaster may be surprised to find themselves in another ...
Our phones are blowing up from LA residents looking for rentals,” said agent Scott Grigg of Griggs's Group Powered by The ...