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Los Angeles, wildfire and Insurance costs
Los Angeles wildfires spark insurance anxiety among victims
Many people fear that their insurance policies won't cover the rebuild cost and that future premiums will be astronomical.
How Los Angeles wildfires could affect California's home insurance market
State authorities previously listed the Palisades as one of the five Southern California areas with the highest concentration of potential wildfire risks. The community also is among the areas most impacted by an unavailability of insurance coverage.
'We're going to be there': Evacuated Los Angeles couple housing dozens of wildfire victims
Gina Zapanta and husband Michael Alder sprang into action to offer emergency housing and supplies to wildfire victims.
California, Insurance
The Insurance Crisis That Will Follow the California Fires
In 2019, the number of homeowners’ policies in California that were not renewed jumped by more than thirty per cent. In 2023, two giant insurers, State Farm and Allstate, announced that they would stop writing new policies for various forms of property insurance in California.
California insurance commissioner bans cancellations and non-renewals in LA fire areas
Insurance Commissioner Ricardo Lara said he's ordered insurance companies to have a one-year moratorium on insurance non-renewals and cancellations for people impacted by the Palisades and Eaton fires.
California bans insurance cancellation in LA fire-affected areas
Insurers are set to face a bill that could top $20 billion.
1d
Insurance commissioner issues moratorium on home policy cancellations in fire zones
Insurance Commissioner Ricardo Lara has issued a one-year moratorium on home policy non-renewals and cancellations in the ...
1d
Homeowners Affected by Palisades and Eaton Fires Get Insurance Protections
California’s insurance commissioner won’t allow canceled or nonrenewed policies in and around the fire zones for a year.
1d
Renters Insurance: Why It Matters For Landlords
Renters insurance can positively impact landlords by reducing their liability, protecting their policy rates and improving ...
1d
on MSN
Insurance stocks tumble as LA fires threaten record losses
Insurance stocks like Allstate, Progressive and Chubb fell on Thursday as analysts expect wildfires in LA to pose over a $20 ...
20h
on MSN
California Fires Have Caused Billions of Dollars in Losses. Why Insurance Stocks Have a Brighter Future.
California Fires Have Caused Billions of Dollars in Losses. Why Insurance Stocks Have a Brighter Future. Watching Pacific ...
1d
on MSN
Fire home insurance: What people in California should not do
If your home or business was damaged or destroyed in a wildfire, California Insurance Commissioner Richard Lara says don't ...
11h
on MSN
Insurance companies are hiking costs, dropping N.J. homeowners more often due to climate risks
You can look to the rising seas, raging wildfires and the lack of snow. A harbinger for the changing climate has also arrived ...
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