CALIFORNIA WILDFIRES: ESSENTIAL PHONE NUMBERS FOR LOS ANGELES-AREA RESIDENTS AND HOW YOU CAN HELP THEM It found that the insurer with the most direct homeowners insurance premiums written in ...
California's home insurance market is under tremendous strain after years of devastating wildfire seasons. The most recent LA fires have led to tremendous destruction and damage. Host Scott Tong ...
“Losing your insurance should be the last thing on someone’s mind after surviving a devastating fire,” Insurance Commissioner Ricardo Lara said in a statement. “This law gives millions of Californians ...
The wildfires ravaging Southern California are expected to add further fuel to the state's ongoing insurance crisis, as residents' options for property coverage continue to dwindle or even disappear.
That’s because in the years before the fires, a pullback by major insurance companies from the city’s housing market left California’s badly overexposed state-backed insurer, FAIR ...
At the end of last year, California issued emergency new insurance regulations giving insurers more freedom to raise premiums while also requiring them to extend coverage to wildfire-prone areas ...
California's wildfire crisis is reshaping the home insurance landscape, with significant financial implications even for homeowners far from fire-prone areas. Changes to the state's Fair Access to ...
A major concern out of the destruction is not just the people without insurance, but the fear other homeowners will lose coverage after the devastation. California Insurance Commissioner Ricardo ...
California’s Department of Insurance has worked to repair the broken insurance system, but the LA fires threaten to undo the progress the state has made. The burnt remains of a building where ...
In some cases, homeowners aren't only facing higher insurance costs, but also difficulties in even securing coverage. Non-renewal rates have climbed sharply in California and Florida, where the so ...