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Insurance crisis looms in California
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 threaten to make the problem worse.
California’s insurance is in crisis. The solution will cost homeowners a ton
Lynne Levin-Guzman stood in the front yard of her 90-year old parents’ home in Los Angeles County, California, trying to protect it with a garden hose — because their insurance company no longer would.
California fires spark insurance crisis, projected losses of $150B
Five wildfires are still burning in Southern California, spreading to nearly 30,000 acres and destroying over 10,000 homes and businesses. While losses from the fires are expected to reach $150 billion,
39m
on MSN
California lawmakers to consider expediting insurance claims after L.A. fires
After devastating fires in Los Angeles County, California lawmakers will consider changes to the state's troubled insurance ...
50m
on MSN
California official bans insurance cancellations, nonrenewals in wildfire-affected areas
California’s insurance commissioner issued a one-year moratorium on policy non-renewals and cancellations in areas affected ...
1h
on MSN
Who Is Jon Farney? State Farm CEO Faces Fury Over California Insurance Cuts
State Farm, one of the biggest insurers in California, canceled hundreds of homeowners' policies last summer in Pacific Palisades.
1h
on MSN
Insurance Company Stocks Fall as Damage Estimates from California Wildfires Rise
Key Takeaways Insurance company shares dropped as the massive wildfires in California are now estimated to have caused $135 ...
21h
on MSN
State Farm canceled California homeowners’ insurance policies months before wildfires
The insurance company canceled thousands of California homeowners' insurance policies last year in an attempt to avoid ...
10h
on MSN
Where are evacuation orders in place for the California wildfires? See maps
LOS ANGELES − As multiple wildfires continue to burn through Southern California, evacuation orders remain in place ...
23h
LA Wildfire Insured Losses Total Billions of Dollars, Ratings Agencies Say
The most destructive wildfires ever for Los Angeles may cause billions of dollars in insured losses, ratings agencies said on ...
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wildfires
Los Angeles
Pacific Palisades
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