The Pacific Palisades Inferno Won’t Engulf the Insurance Industry
Watching Pacific Palisades burn, it may be hard to imagine the insurance industry thriving. But the severe weather of climate change could actually help this industry grow. So send relief to wildfire victims,
Before the Palisades Fire, many of those homeowners had lost insurance
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
Victims of the Pacific Palisades fire face another harsh reality: No insurance to rebuild
Insurers have been cutting coverage for thousands of homeowners across the neighborhoods most affected by this week's California wildfires.
Pacific Palisades is no stranger to fire concerns – or California's insurance problem
On Tuesday, flames tore through Palisades Charter High School, which reports show was previously used to offer shelter to people escaping Southern California wildfires like the 19
Yes, State Farm ended insurance coverage for many in the Pacific Palisades in 2024
State Farm cited “catastrophe exposure” as one reason it wasn’t renewing policies for many Californians, including those in Los Angeles’ Pacific Palisades.
Major insurance company canceled policies in Pacific Palisades months ago: Report
FOX Business' Cheryl Casone joined 'Fox & Friends First' to discuss the insurance crisis in California as wildfires devastate Los Angeles and the broader concerns about the industry moving forward.
Pacific Palisades wildfires may spell an end to cheap homeowners’ insurance in California
Measured against home values, insurance costs are cheaper in the Palisades than in 97 per cent of U.S. postal codes, according to a Reuters analysis of a national database of price data collected by Dr. Mulder and University of Pennsylvania’s Wharton School professor Benjamin Keys as well as home-value data calculated by Zillow, a real estate firm.
CA wildfire backlash: State Farm, other insurers slammed for dropping coverage
The outbreak of deadly wildfires in Southern California has prompted criticism of insurers who have dropped coverage in the state due to regulations that make it hard to price for risk.
State Farm cancelled 72,000 California fire insurance policies in 2024
State Farm is being accused of canceling thousands of fire insurance policies in California right before the massive wildfires. More than 10,000 homes and businesses have been destroyed as multiple wildfires continue to ravage parts of Los Angeles County,
State Farm cancels policies in Pacific Palisades due to rising fire threat in California
State Farm, one of the largest homeowners insurance providers, reportedly canceled hundreds of policies in the Pacific Palisades region of Los Angeles County.
LA 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 ...
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California overhauled its insurance system. Then Los Angeles caught fire.
The Palisades Fire could cause more than $10 billion in damages, further straining the state’s fragile insurance market.
How Los Angeles wildfires could affect California's home insurance market
State authorities previously listed the Palisades as one of the five Southern California areas with the highest concentration ...
Pacific Palisades
The Supreme Court is set to hear arguments Friday morning on whether to overturn or delay a law that could lead to a ban on ...
An insurance crisis was already brewing in L.A. Then the fires hit.
The Los Angeles wildfires could threaten California’s already unstable insurance market, which carriers have been fleeing as ...
Aerial footage shows Pacific Palisades in ruins after Los Angeles wildfires
A drone captured the charred remnants of Pacific Palisades, a neighborhood west of downtown Los Angeles severely impacted by ...
The Los Angeles wildfires are upending life for the city’s workers. What bosses need to know
Los Angeles is in the grip of unprecedented wildfires that are destroying homes and ending lives. A fire that started in the ...
Pacific Palisades residents begin return to fire-stricken neighborhoods
Though the Palisades Fire continues to rage, currently estimated to have consumed nearly 20,000 acres, destroyed over 5,000 ...