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California, Los Angeles
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.
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.
Los Angeles fires could drastically drive up insurance premiums — and test California’s new market rules
The state’s plan to fix the insurance crisis had barely rolled out when the Los Angeles fires began. Can the market recover and stabilize?
Los Angeles Fires Left One Resident Desperate to Protect Her Home After Losing Fire Insurance
Abandoned by their insurance carrier, one local, at great personal risk, took it upon herself to fight the fire
How the devastating Los Angeles fires could deepen California’s home insurance crisis
The massive fires that have destroyed much of Pacific Palisades and demolished thousands of homes and structures in Los Angeles County threaten an effort to fix California's troubled home insurance market.
California Was Already in Home-Insurance Crisis Before Los Angeles Infernos
Industry officials warn of widespread economic damage on par with some of the biggest fire disasters in recent memory.
Los Angeles fires expose insurance shortcomings. Could startups do better?
The once hot insuretech sector fell out of favor a few years ago. Given the scope of the current disaster though, it's not clear what role the VC-backed startups could have played.
What the Los Angeles fires might mean for the home insurance market
The devastating wildfires burning through Los Angeles County this week are stoking concerns that California’s already faltering home insurance market could be thrown into deeper turmoil.
California had a home insurance crisis before the LA fires. It's only going to get worse.
Insurance is going to be even harder to come by, and it is going to get incredibly more expensive than it already is. People need to be prepared for that,” said Mark Newman-Kuzel, president and owner of The Mark Newman-Kuzel Agency in Los Angeles,
A ‘worst-case’ scenario: How giant insurance losses from L.A. fires could affect all Californians
As Los Angeles confronts a series of wildfires some experts say could be the most expensive in California history, the state’s beleaguered insurance industry also faces the possibility of further destabilization — with implications far beyond the fire zone.
2h
Homeowners Affected by Palisades and Eaton Fires Get Insurance Protections
California’s insurance commissioner won’t allow canceled or nonrenewed policies in and around the fire zones for a year.
4h
US insurers slump as Los Angeles wildfire loss estimates hit $20 billion
U.S. insurance stocks slid on Friday as analysts estimated insured losses from the wildfires menacing Los Angeles could reach ...
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