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California Bans Insurance Cancellation
California issues moratorium on insurance cancellations in fire areas
California's insurance commissioner has banned insurance companies from canceling or not renewing polices for homeowners affected by the Palisades and Eaton fires for one year, his office said.
How will the California wildfires shape the home insurance industry?
In recent years, insurers like Allstate, American National, The Hartford and State Farm have stopped renewing policies or issuing new policies for California homeowners.
California bans insurance cancellation, non-renewals in LA areas affected by fires
The state of California announced a one-year moratorium on the cancellation or non-renewal of homeowners insurance policies in zip codes affected by the Los Angeles-area wildfires.
10m
on MSN
There Is a Safety Valve for Private Home Insurance in California
A segment of the property-insurance market has shifted away from standard policies toward more bespoke offerings from ...
9h
LA fires could drastically drive up insurance premiums — and test California’s new market rules
California’s plan to fix the insurance crisis had barely rolled out when the LA fires began. Can the market recover and ...
1h
on MSN
California Fire Victims Whose Insurance Was Cut Have Few Legal Options
State Farm and other insurers in California have cut policies in the past year to reduce their exposure to risks like wildfires.
1d
on MSN
California insurance commissioner issues 1-year moratorium to protect Southern California homeowners
The California insurance commissioner issued a mandatory one-year moratorium on non-renewals and cancellations to protect ...
1d
on MSN
Who Pays to Rebuild California When Insurance Falls Short? Everyone Else
Many Los Angeles-area residents devastated by fire will lean on Washington and charitable aid—and draw on their own savings.
17h
on MSN
Will California homeowners relocate or rebuild? Both are costly
Tens of thousands of California residents will be forced to decide whether to permanently relocate or face construction bills after a wildfire crisis that’s weakened California’s insurance.
1d
on MSN
California insurance crisis: List of carriers that have fled or reduced coverage in the state
California has been hit with an exodus of property insurance companies in recent years, and the state's ongoing wildfires ...
1d
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 ...
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wildfires
Los Angeles
Pacific Palisades
Ricardo Lara
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