The Palisades Fire could cause more than $10 billion in damages, further straining the state’s fragile insurance market.
The wildfires in the Los Angeles area will test California's efforts to stabilize the state's insurance marketplace after many insurers stopped issuing residential policies due to the high fire risk.
In 2019, the number of homeowners’ policies in California that were not renewed jumped by more than thirty per cent. In 2023, ...
The insurance industry is pushing back against Vice President Kamala Harris suggesting carriers canceled the policies of some California wildfire victims, calling her claims "false." ...
Wildfires like the ones burning in Los Angeles right now as well as hurricanes and other natural disasters are creating an ...
Early estimates show that the total damage and economic loss due to the Los Angeles wildfires is between $135 and $150 billion.
Insurance companies and rates haven’t kept up with increasingly catastrophic events like the California wildfires or ...
Los Angeles is reeling from the most destructive wildfires in its history, and firefighters are struggling to contain the ...
More than 35,000 acres have burned so far, and at least 10 deaths have been reported, in what could be the most costly fire ...
The Palisades, Eaton, Hurst, Lidia and Kenneth fires are burning in Southern California, destroying more than 10,000 structures. Here are the latest updates.
As the Palisades and Eaton fires wreak havoc on Los Angeles, the state insurance commissioner is taking action to protect home insurance policy owners ...