How will the California wildfires shape the home insurance industry?
In recent years, insurers like Allstate, American National, The Hartford and State Farm have stopped renewing policies or ...
L.A. Wildfires Lay Bare an Insurance Crisis
Even before the latest blazes, California officials warned that an emergency state insurance fund was in trouble, while ...
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 ...
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‘Progressive governance doesn’t work’ even in wildfires: Bill O’Reilly
Bill O’Reilly calls out California’s “progressive leadership” and the insurance companies that have done “nothing” for the fire victims.
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Early estimates predict $57B in damages from California fires; National Guard called in amid looting
Between 2020 and 2022, insurance companies declined to renew 2. 8 million homeowner policies in the state, including 531,000 in L.A. County.
LA fires could drastically drive up insurance premiums — and test California’s new market rules
This story first appeared in CalMatters. The deadly and destructive fires in Los Angeles — which some say could be the ...
Fires in California leave at least 10 dead, decimate Los Angeles area: Live Updates
The Palisades, Eaton, Hurst, Lidia and Kenneth fires are burning in Southern California, destroying more than 10,000 structures. Here are the latest updates.
What the Los Angeles fires might mean for the Bay Area home insurance market
The devastating wildfires burning through Los Angeles County this week are stoking concerns that California’s already ...
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As wildfires burn in Los Angeles, insurers brace for a potential financial disaster
The system is already strained by climate-induced disasters, says Wharton's Ben Keys. Homeowners across the state may bear ...
California Insurers Ask to Preserve Evidence of Wildfires
Utility giant Southern California Edison received "evidence preservation notices" from attorneys representing insurers.
California lawmakers to consider expediting insurance claims after L.A. fires
After devastating fires in Los Angeles County, California lawmakers will consider changes to the state's troubled insurance ...
US property and casualty insurers slide as Los Angeles wildfire losses mount
U.S. property and casualty insurance stocks fell in premarket trading on Friday after wildfires menacing Los Angeles killed ...