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Los Angeles, California department of insurance
Thousands of Los Angeles homeowners were dropped by their insurers before the Palisades Fire
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
Why Did Thousands Lose Insurance Cover Ahead of Los Angeles Fires? | Vantage with Palki Sharma
Why Did Thousands Lose Insurance Cover Ahead of Los Angeles Fires? | Vantage with Palki Sharma California is battling devastating wildfires, leaving Los Angeles neighbourhoods like Pacific Palisades gutted.
How the Los Angeles fires could impact the home insurance market
California's home insurance market was rocky before the fires, but companies were committed to make a comeback. With thousands of claims expected to flood the system, homeowners can expect changes.
What’s next for home insurance in California after the Los Angeles fires?
UC Berkeley's Dave Jones, the former insurance commissioner of California, explains the stakes of the current wildfire emergency and what might happen next.
How the Los Angeles wildfires can increase insurance rates for all Californians
The program guaranteeing fire insurance coverage for homeowners turned down by traditional companies, known as the California FAIR Plan​, could run out of money following the devastating destruction caused by the Palisades and Eaton fires.
Los Angeles wildfires spark insurance anxiety among victims
Many people fear that their insurance policies won't cover the rebuild cost and that future premiums will be astronomical.
Los Angeles fire losses could reach $30 billion for insurers
Multiple fires raging across the Los Angeles area will cost insurers as much as $30 billion, Wells Fargo and Goldman Sachs estimated in a report released this week. After accounting for non-insured damages, the total costs will balloon to $40 billion, the report said.
How the wildfires in the Los Angeles area could affect California’s home insurance market
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 residential policies due to the high fire risk.
2h
on MSN
Teams being deployed to prevent, prosecute insurance fraud after fires
Los Angeles Dist. Atty. Nathan Hochman and Insurance Commissioner Ricardo Lara announced a "rapid response effort" to prevent ...
7h
on MSN
New insurance rules mean homeowners throughout California are likely to pay more after fires
A recent rule change could cause a spike in insurance premium for homeowners across California, as the costs of the Los Angeles area wildfires are passed onto them in a way that was not allowed in the ...
6abc News
23m
Southern California wildfires impact on travel insurance
The California wildfires are taking an incredibly tragic toll on the Los Angeles community. The tourism industry is one of ...
2d
on MSN
Harris blasts insurance companies, misinformation in wake of Los Angeles wildfires
Vice President Harris on Wednesday condemned insurance companies and misinformation in the aftermath of the Los Angeles ...
E&E
8h
Fires fuel Calif. lawmakers’ zeal for housing, insurance and forestry bills
The Los Angeles fires are giving new fuel to old fights to streamline housing and forest management. SACRAMENTO, California — ...
15h
on MSN
Will California insurance reforms be enough to stop insurers from leaving?
California Insurance Commissioner Ricardo Lara said new regulations will keep homeowners insured. Some of the new efforts ...
1d
on MSN
Waters and Sherman introduce bill to address gaps in wildfire insurance coverage
Reps. Maxine Waters and Brad Sherman reintroduce legislation that would require a study assessing the danger wildfires pose ...
2d
California Adds More ZIP Codes to Insurance-Cancellation Ban
California sought to protect more Los Angeles-area homeowners from potentially losing their home-insurance policies as ...
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