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California, wildfire and Insurance Crisis
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.
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 issuing new policies for California homeowners.
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 private insurers dropped coverage.
1h
on MSN
The Pacific Palisades Inferno Won’t Engulf the Insurance Industry
Watching Pacific Palisades burn, it may be hard to imagine the insurance industry thriving. But the severe weather of climate ...
1h
on MSN
Insurance companies leaving places at risk for natural disasters | Morning in America
Wildfires, hurricanes and other natural disasters seen recently across the United States could make parts of the country ...
3h
on MSN
California insurance crisis: List of carriers that have fled or reduced coverage in the state
California has been hit with an exodus of property insurance companies in recent years, and the state's ongoing wildfires ...
11m
on MSN
What Wildfires Mean for America’s Home-Insurance Bills
With insured losses ballooning, home-insurance rates in places like Vermont and Virginia are rising, too.
11h
on MSN
LA fires spotlight the home insurance industry amid climate change
Ballooning expenses for insurers and homeowners alike are most pronounced in disaster-prone areas like California and Florida ...
17h
on MSN
How the devastating Los Angeles fires could deepen California’s home insurance crisis
The massive fires that have destroyed much of Pacific Palisades and demolished thousands of homes and structures in Los ...
3h
on MSN
The end of climate stability is the end of the insurance market
Climate stability and the insurance market Good morning. The wildfires in Los Angeles have killed people, destroyed thousands ...
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California
Palisades Fire
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