As of Thursday night, the the Palisades Fire was 6% contained. Early estimates predict $57 billion in damages, which could possibly cause the state's insurance crisis to swell. Between 2020 and 2022, ...
HHS Secretary Xavier Becerra has declared the ongoing wildfires in Los Angeles County a public health emergency.
The Insurance Commissioner says his department is looking into claims many people lost their homeowners insurance in the months leading up to fires.
If your insurance policy was canceled, you may have some recourse based on the California insurance commissioner's latest order. The state may also be able to help fire victims without any insurance.
State Farm cited “catastrophe exposure” as one reason it wasn’t renewing policies for many Californians, including those in Los Angeles’ Pacific Palisades.
So far, there is no official dollar amount for the Los Angeles wildfire damages, but initial estimates by some experts put it at $20-50 billion for insurers.
The Palisades Fire could cause more than $10 billion in damages, further straining the state’s fragile insurance market.
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California’s insurance commissioner won’t allow canceled or nonrenewed policies in and around the fire zones for a year.
The wildfires in 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.
An infernal barrage of blazes continues to ravage the Los Angeles metropolitan region, where the death toll has now risen to ...
In recent years, insurers like Allstate, American National, The Hartford and State Farm have stopped renewing policies or ...