California's 'Regulatory Failure' Blamed for Wildfire Insurance Disaster
The California insurance crisis laid bare by the Los Angeles fires was fueled by "regulatory failure," economist Nancy Wallace told Newsweek.
California's insurance crisis leaves neighbors facing unequal recovery after wildfires
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a story of contrasting fortunes and unequal recovery, a stark reflection of the
California's largest home insurer wants to hike rates by 22% for homeowners to help pay for LA's wildfires
State Farm has asked the state's insurance commissioner for approval to increase premiums on homeowners, citing financial challenges.
State Farm seeks 22% rate hike for California homeowners to cover Los Angeles wildfire losses
On Monday, the company sent a letter requesting the California Department of Insurance approve emergency rate increases averaging 22% for homeowners statewide. It also asked for a 15% increase for renters and condo owners and a 33% hike for rental owners.
State Farm asks California to approve rate hikes after wildfires
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it received after last month's devastating wildfires.
State Farm seeks emergency rate increase averaging 22% after L.A. wildfires
State Farm General, California’s largest insurer, has asked the California Department of Insurance to approve a rate hike averaging 22% Monday, citing a “dire” financial situation after the deadly and destructive L.
California governor meets Trump on wildfire relief
California Governor Gavin Newsom urged President Donald Trump on Wednesday to support federal disaster relief for his state ...
After brutal fire season, California lawmakers call for seasonal firefighters to be employed year-round
State legislators are calling to extend Cal Fire's staffing to a year-round system, switching some roles from nine-month ...
Chris Hayes: Trump claims ‘victory’ after ordering California to open dams 150 miles from L.A. fires
Chris Hayes explains how Trump's obsession with California's water supply, which led him to order the opening of dams, will ...
California Gov. Newsom should take 'no-brainer' action to crack down on wildfire lawlessness, DAs say
California district attorneys sent Gov. Gavin Newsom a letter requesting he take action on illegal price gouging schemes in the wake of the wildfires.
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LIVE: California fires updates for Wednesday, Feb. 5
Residents in burn scar areas braced for rain and the potential for mud and debris flow, as the first of two systems arrived ...
After California wildfires, neighbors face unequal recovery due to insurance crisis
Before a wildfire ravaged their Altadena, California street, Louise Hamlin and Chris Wilson were neighbors in nearly ...
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California wildfire fund at risk of depletion over possible utility link to Eaton Fire
California’s multi-billion dollar wildfire fund is at risk of running dry because of the carnage caused by the Eaton Fire and ...
California’s Gavin Newsom in DC seeking fire disaster aid. Here’s what he said about Trump
President Donald Trump “will do the right thing” and support aid for wildfire-ravaged Southern California, Gov. Gavin Newsom ...
California Wildfire Map: Update on Containment as New Fire Starts
All wildfires burning in Southern California were largely contained as of Thursday morning, even after a new fire ignited in ...
Southern California wildfires expected to cost billions
It's estimated the damage from the Southern California wildfires will cost up to $45 billion to remedy. That's according to ...
What we know about the victims killed in the California wildfires
At least 29 people have died in the fires across the Los Angeles area. At least two of the people killed in the Southern ...