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.
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California’s insurance authority rushed to impose a yearlong ban on policy cancellations in parts of Los Angeles hardest hit ...
The long-term picture for the insurance industry is brighter. Through the past five years of hurricanes and fires, insurance ...
California banned insurers from canceling or not renewing residential property policies in the Los Angeles neighborhoods that ...
At a Friday morning wildfire news conference, California Insurance Commissioner Ricardo Lara addressed the needs of fire ...
If your home or business was damaged or destroyed in a wildfire, California Insurance Commissioner Richard Lara says don't ...
California’s insurance commissioner won’t allow canceled or nonrenewed policies in and around the fire zones for a year.
The wind-driven wildfires burning out of control in the Los Angeles area couldn't have emerged at a more perilous moment for ...
Key Takeaways Insurance company shares dropped as the massive wildfires in California are now estimated to have caused $135 ...
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