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Allstate, Los Angeles
Where is the money for the Los Angeles fires going?
Millions of dollars have been raised for victims of the wildfires, including the superstar-riddled FireAid concert, but where is all the money going?
Allstate expects $1.1 billion in losses from Los Angeles fires
Allstate Corp. said it expects about $1.1 billion of losses from the wildfires that ravaged swaths of Los Angeles last month. The anticipated cost partly reflects the Northbrook-based insurer's decision to reduce market share beginning in 2007, the insurer said in a statement Wednesday, when it reported fourth-quarter results.
Allstate Expects California Wildfires to Cost $1.1 Billion
In the fourth quarter, catastrophe losses took $315 million out of Allstate’s homeowners-insurance business, up from $21 million the year before.
3h
on MSN
Los Angeles neighbors have vastly different post-wildfire rebuilding options due to insurance crisis
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...
1d
on MSN
Los Angeles fires highlight risk of 'uninsurable future,' experts say
Jewlz and Terry Fahn make up one of thousands of Los Angeles households seeking to recover their losses after the devastation ...
7h
on MSN
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 ...
KTTV
15h
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 ...
Smithsonian Magazine on MSN
10h
Here’s How the Los Angeles Wildfires Are Affecting Animals, From Fish to Snakes to Birds
While scientists were able to save and move some creatures in the aftermath, researchers are worried about the prospects for ...
7d
on MSN
California fires updates: Death toll in Los Angeles fires rises to 29
At least 29 people are believed to be dead and more than a dozen others remain unaccounted for as multiple wildfires rage ...
KTTV
1d
California fires updates for Tuesday, Feb. 4
As thousands continue the road to recovery, those in burn scar areas must prepare for two rainstorms forecast to hit Southern ...
NBC Los Angeles on MSN
12d
Map: See containment updates for 3 largest fires still burning in Los Angeles County
The Eaton Fire is almost completely contained in the Altadena area northeast of Los Angeles. On the LA County coast, the ...
Santa Rosa Press Democrat
19h
Seeking Los Angeles fire aid, California Gov. Newsom is off to meet President Trump in DC
The White House confirmed that President Trump, who has repeatedly threatened to impose an array of conditions for federal ...
13d
Progress is made on a huge fire north of Los Angeles while new fires erupt in Southern California
Officials remained concerned that the Palisades and Eaton fires could break their containment lines as firefighters continue ...
1d
Insurance company seeks emergency rate hike after deadly California wildfires
State Farm General, California’s largest insurance provider, is seeking a rate hike after the catastrophic firestorm that ...
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