The wildfires in the Los Angeles area will test California's efforts to stabilize the state's insurance marketplace after many insurers stopped issuing residential policies due to the high fire risk.
The state’s plan to fix the insurance crisis had barely rolled out when the Los Angeles fires began. Can the market recover ...
If your insurance policy was canceled, you may have some recourse based on the California insurance commissioner's latest ...
State Farm cited “catastrophe exposure” as one reason it wasn’t renewing policies for many Californians, including those in Los Angeles’ Pacific Palisades.
T he fires that are burning through southern California may be shocking, but they are not surprising. Anyone who lived in the ...
In 2019, the number of homeowners’ policies in California that were not renewed jumped by more than thirty per cent. In 2023, ...
The insurance industry is pushing back against Vice President Kamala Harris suggesting carriers canceled the policies of some California wildfire victims, calling her claims "false." ...
Early estimates show that the total damage and economic loss due to the Los Angeles wildfires is between $135 and $150 billion.
Insurance companies and rates haven’t kept up with increasingly catastrophic events like the California wildfires or ...
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