The Insurance Crisis That Will Follow the California Fires
In 2019, the number of homeowners’ policies in California that were not renewed jumped by more than thirty per cent. In 2023, two giant insurers, State Farm and Allstate, announced that they would stop writing new policies for various forms of property insurance in California.
Watching Pacific Palisades burn, it may be hard to imagine the insurance industry thriving. But the severe weather of climate ...
Insurers have been cutting coverage for thousands of homeowners across the neighborhoods most affected by this week's ...
State Farm cited “catastrophe exposure” as one reason it wasn’t renewing policies for many Californians, including those in Los Angeles’ Pacific Palisades.
The state’s plan to fix the insurance crisis had barely rolled out when the Los Angeles fires began. Can the market recover ...
FOX Business' Cheryl Casone joined 'Fox & Friends First' to discuss the insurance crisis in California as wildfires devastate ...
An executive summary of the plan that was previously released mentioned Pacific Palisades by name, noting that "strong winds, notably the Santa Ana winds, can swiftly spread flames, posing threats to ...
"Star Wars" actor Mark Hamill was among the thousands who evacuated Los Angeles. Other stars, including Paris Hilton, Billy ...
The state of California announced a one-year moratorium on the cancellation or non-renewal of homeowners insurance policies ...
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