california insurance news

California, Los Angeles

The Wall Street Journal on MSN · 1h

California Was Already in a Home-Insurance Crisis Before the Los Angeles Infernos

Industry officials warn of widespread economic damage on par with some of the biggest fire disasters in recent memory.

Yahoo · 10h

California overhauled its insurance system. Then Los Angeles caught fire.

The Palisades Fire could cause more than $10 billion in damages, further straining the state’s fragile insurance market.

NBC News on MSN · 1h

Los Angeles wildfires rage as California homeowners battle an 'insurance crisis'

The wind-driven wildfires burning out of control in the Los Angeles area couldn't have emerged at a more perilous moment for California's homeowners, as officials try to rehab what they concede is a deepening "insurance crisis.

California, LA

Business Insider · 7h

Experts break down how the Palisades fire will worsen California's insurance crisis

Californians were already fighting to find affordable insurance policies.

POLITICO on MSN · 16h

LA fires could break California's insurance market

Wednesday's firestorm in a wealthy area of Los Angeles could be the final straw that breaks California's insurance market. The state's insurance market has been teetering on the edge of insolvency for years thanks to catastrophic wildfires that have driven many insurers to stop writing new policies and drop existing ones.

Reuters on MSN · 1h

California fires: Hollywood Hills burn as LA engulfed by 'the big one'

The Hollywood Hills blazed uncontrollably on Thursday morning as the worst wildfires in the history of Los Angeles raged across the city and deep into the storied heartland of the American film industry.

Southern California wildfires add to growing worries about homeowner insurance

Firestorms raging across Los Angeles County will test insurance reforms now being implemented throughout California.

1hon MSN

LA fires could cause over $50B in damages — making them the most expensive in California history

The Camp Fire in 2018 was previously the deadliest and most destructive wildfire in California’s history – causing an ...

7hon 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 ...

17h

California Wildfires Threaten Insurers Already Teetering From Climate Shocks

Companies started pulling back from the state as earlier fires made it harder to turn a profit. Experts warn the exodus could ...

LAist on MSN1h

How will LA's devastating fire losses affect insurance and home costs?

The current fires are on track to become one of the most costly disasters in California history. That could threaten the ...

4hon MSN

These California Insurers Cut Policies Before Devastating Wildfires

Several California insurers have cut policies in wildfire-prone areas of the state in recent years, leaving homeowners scrambling for options.

ABC 7 Los Angeles on MSN16h

Insurance: Here's what not to do if your California home was damaged, destroyed by wildfire

If your home or business was damaged or destroyed in a wildfire, California Insurance Commissioner Richard Lara says don't ...

E&E5h

This could be the beginning of the end for fire insurance in California

LOS ANGELES — Wednesday’s firestorm in a wealthy area of Los Angeles could be the final straw that breaks California’s ...

16h

How will the California fires impact insurance rates in Arizona?

Justin Baldoni’s lawyer Bryan Freedman appeared on an episode of “The Megyn Kelly Show” where the former Fox News host played ...

19h

Wildfires Intensify Pivotal Moment for Insurance Industry

With over 13,000 homes at risk, the losses from the Los Angeles wildfires could approach $10 billion, according to ...

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California, Los Angeles

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