As of Thursday night, the the Palisades Fire was 6% contained. Early estimates predict $57 billion in damages, which could possibly cause the state's insurance crisis to swell. Between 2020 and 2022, ...
California Insurance Commissioner Ricardo Lara has banned insurance companies from canceling or not renewing polices for homeowners affected by the Palisades and Eaton fires for one year, his office ...
California wildfires continue with dry conditions and powerful winds —which are due to last through Friday — fueling at least five fires.
The Insurance Commissioner says his department is looking into claims many people lost their homeowners insurance in the months leading up to fires.
If your insurance policy was canceled, you may have some recourse based on the California insurance commissioner's latest order. The state may also be able to help fire victims without any insurance.
State Farm cited “catastrophe exposure” as one reason it wasn’t renewing policies for many Californians, including those in Los Angeles’ Pacific Palisades.
Ocean water can be used in extreme cases to fight wildfires, but freshwater is preferred due to equipment corrosion, soil ...
So far, there is no official dollar amount for the Los Angeles wildfire damages, but initial estimates by some experts put it at $20-50 billion for insurers.
The Palisades Fire could cause more than $10 billion in damages, further straining the state’s fragile insurance market.
California Insurance Commissioner Ricardo Lara will host a pair of insurance workshops in Santa Monica and Pasadena over the following weeks to aid people in Los Angeles County in the rebuilding ...
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.