The Palisades Fire could cause more than $10 billion in damages, further straining the state’s fragile insurance market.
California’s insurance commissioner won’t allow canceled or nonrenewed policies in and around the fire zones for a year.
In recent years, insurers like Allstate, American National, The Hartford and State Farm have stopped renewing policies or ...
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." ...
The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize the state’s insurance marketplace after many insurers stopped issuing ...
Firefighters are still unable to contain multiple blazes, as forecasters warn winds could stoke an already "extremely ...
Even if you have insurance, you can apply for assistance through FEMA if you live in a declared federal disaster area.
The human suffering is a disaster. But the economic cost to residents and the insurance industry will add to the woes facing residents of Southern California.