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.
Los Angeles wildfire victims: These are the people who lost their lives
Insurance industry stares at potential record-breaking losses from Los Angeles wildfires
Analysts are evaluating the financial impact of the wildfires that have charred hillsides, homes, and streets in Los Angeles County, with initial estimates suggesting total insured losses could reach as high as $20 billion.
Los Angeles struggles to contain wildfires; death toll reaches 11
As of Friday afternoon, six wildfires were burning across Los Angeles County, including a fresh one that had ignited just hours earlier.
'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.
US Insurers Slump as Los Angeles Wildfire Loss Estimates Hit $20 Billion
Analysts are evaluating the financial impact of the disaster, with J.P.Morgan doubling its forecast of insured losses to over $20 billion. Wells Fargo also expects similar insured
How the wildfires engulfed the Los Angeles area: Fire & Ash - Part 1
Devastation in L.A.” as Lester Holt breaks down the latest on the wildfires ravaging the Los Angeles area.Jan. 11, 2025
Vast Los Angeles fire spreads into new areas near Palisades
A full-scale firefighting effort stretched into Saturday in the upscale Los Angeles neighborhood of Pacific Palisades, as the wildfire there expanded into an additional 1,000 acres overnight with residents warned of potential worsening weather conditions over the next 72 hours that could further stoke the blaze.
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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, ...
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 ...
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 ...
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 ...
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 ...
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.
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 ...
Are California Wildfires Covered by Insurance? What To Know
The fires in Southern California are expected to cause devastating losses to residents—many of whom have had their insurance ...
Renters Insurance: Why It Matters For Landlords
Renters insurance can positively impact landlords by reducing their liability, protecting their policy rates and improving ...