The Palisades, Eaton, Hurst, Lidia and Kenneth fires are burning in Southern California, destroying more than 10,000 ...
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.
Insurance companies and rates haven’t kept up with increasingly catastrophic events like the California wildfires or ...
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
The state’s plan to fix the insurance crisis had barely rolled out when the Los Angeles fires began. Can the market recover ...
If your insurance policy was canceled, you may have some recourse based on the California insurance commissioner's latest ...
State Farm cited “catastrophe exposure” as one reason it wasn’t renewing policies for many Californians, including those in Los Angeles’ Pacific Palisades.
The Palisades Fire could cause more than $10 billion in damages, further straining the state’s fragile insurance market.
In recent years, insurers like Allstate, American National, The Hartford and State Farm have stopped renewing policies or issuing new policies for California homeowners.
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