Insurance industry stares at potential record-breaking losses from Los Angeles wildfires
Analysts are evaluating the financial impact of the wildfires that have charred hillsides, homes, and streets in Los Angeles County, with initial estimates suggesting total insured losses could reach as high as $20 billion.
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 of potential wildfire risks. The community also is among the areas most impacted by an unavailability of insurance coverage.
Renters insurance can positively impact landlords by reducing their liability, protecting their policy rates and improving ...
Ballooning expenses for insurers and homeowners alike are most pronounced in disaster-prone areas like California and Florida ...
Even before the latest blazes, California officials warned that an emergency state insurance fund was in trouble, while ...
With insured losses ballooning, home-insurance rates in places like Vermont and Virginia are rising, too.
Los Angeles fire insurance expert Richard Giller joins ‘Fox & Friends’ to shed light on why some Californians were dropped by ...
The fires in Southern California are expected to cause devastating losses to residents—many of whom have had their insurance ...
The insurance company canceled thousands of California homeowners' insurance policies last year in an attempt to avoid ...
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