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.
No home, no insurance: The double hit from Los Angeles fires
" Lara told the San Francisco Chronicle at the weekend.Even the state-mandated insurer of last resort, a scheme designed to provide bare-bones coverage for those locked out of the private sector, could be struggling.
The Cost of the Los Angeles Fires Is Looking Like $30 Billion—and Counting
While the insurance cost of the devastation is estimated to be around $30 billion, another tally puts the total damage at upward of $250 billion.
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.
Insured losses from Los Angeles wildfires estimated to exceed $28B
Estimates from the catastrophic firestorm that ravaged parts of Los Angeles County suggest that insured losses will reach at least $28 billion, according to reports.
Insured losses from Los Angeles firestorm estimated to be in excess of $28 billion
Verisk, a global data analytics company, estimates insured losses from the Palisades and Eaton wildfires could total between $28 billion and $35 billion. Local authorities said around 12,000 structures were destroyed and between two and three dozen victims were killed.
The Washington Post3d
The L.A. fires are just the beginning of a crisis spreading across the country
The National Flood Insurance Program has a terrible track record of undercharging. People need to be discouraged from building again and again in high-risk areas. As the Los Angeles fires are ...
2025 Farmers Insurance Open leaderboard, grades: Harris English edges Sam Stevens for fifth PGA Tour win
A decade after falling in a playoff at the Farmers Insurance Open, Harris English has found his way into the winner's circle ...
The Hill10d
The LA crisis is bigger than the fires — insurance is the next burning issue
The mass destruction of the Los Angeles wildfire could not have been forecast or planned for. Otherwise, insurance premiums would have been set much higher to cover the losses being accrued with ...
Los Angeles Area Fire Victims May Also Have Tax Issues To Address
Fire victims may be taxed on money they collect, even on payments from their insurance companies. Amounts received following ...
Daily Mail10d
Los Angeles insurance giant makes chilling prediction after devastating fires
With the Palisades and Eaton fires far from containment, Zukerman acknowledged that it is 'impossible to know' exactly how the insurance industry as a whole might react to the fires. However ...
NDTV3d
No Home, No Insurance: Double Hit From Los Angeles Fires
Last year Insurance Commissioner Ricardo Lara introduced ... California's rainy season -- it hasn't rained for eight months around Los Angeles -- have reinforced the idea that the state is ...
ABC 7 Los Angeles on MSN1d
Do you have enough insurance to rebuild after disaster? Experts say 2 types of coverage are key
Most fire victims say they want to rebuild. They might have insurance, but is it going to be enough? Here are two types of ...
KTLA-TV Los Angeles on MSN1d
Expected rainfall creates risk for wildfire-affected areas in L.A.
Rainfall forecasted for this weekend could present new dangers for areas already left devastated by recent wildfires across the Los Angeles region. With rain expected to arrive by Sunday, the ...