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California, Los Angeles
California overhauled its troubled insurance system. Then Los Angeles caught on fire
The Palisades Fire could cause more than $10 billion in damages, further straining the state’s fragile insurance market. On Tuesday, after a ferocious Santa Ana windstorm blew through Southern California,
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.
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.
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.
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 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.
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
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,
Damages from LA fires could impact insurance for all Californians, despite new rules
There is no official dollar amount for the damages from the Los Angeles wildfires, but initial estimates by some experts put it at $20 billion to $50 billion for insurers.
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?
LA fires could boost home insurance premiums statewide
Devastation could result in fewer coverage options for homeowners, with higher prices based on recent reforms.
13h
Insurance industry stares at potential record-breaking losses from Los Angeles wildfires
Analysts are evaluating the financial impact of the wildfires that have charred hillsides, homes, and streets in Los Angeles ...
6h
on MSN
Los Angeles fire victims may not have insurance to rebuild
California’s wildfires are devastating the Los Angeles area, but insurance companies previously cut coverage in the state as ...
13m
California wildfires live updates: Gov. Newsom orders investigation of Los Angeles water supply
California wildfires continue with dry conditions and powerful winds —which are due to last through Friday — fueling at least five fires.
10h
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 ...
1d
on MSN
Destruction from Los Angeles County wildfires likely to impact insurance rates statewide
The devastation from the raging fires in Southern California is only just starting to come to light, but there are already ...
ABC7
4h
California issues 1-year moratorium on insurance cancellations in fire areas
California's insurance commissioner has banned insurance companies from canceling or not renewing polices for homeowners affected by the Palisades and Eaton fires for one year, his office said.
1d
Local landmarks lost and damaged by raging Los Angeles fires
As fires continue to burn through Southern California, some of the region's landmarks have been burned or destroyed by the blazes.
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