State farm was all in on California—until it pulled the plug before the fires
Insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies last year, adding to the state’s home-insurance crisis.
Fires and floods are eviscerating US communities, intensifying the housing crisis
After nearly a month, the Eaton and Palisades wildfires that ravaged California have been contained. But for Southern California and state agencies, another challenge lies ahead: helping people find ...
California Asks Insurers to Spare Wildfire Victims ‘the List’
The state’s regulator wants insurance carriers to pay full policy limits without requiring victims to itemize every object in ...
Tracking Los Angeles Wildfire Insurance Payments: More Than $4 Billion in Claims Paid Out to Victims
The post Tracking Los Angeles Wildfire Insurance Payments: More Than $4 Billion in Claims Paid Out to Victims appeared first ...
Repairer Driven News23h
California officials defer annual licensure fees, remind insurers of disaster coverage obligations
To help small businesses and workers in Los Angeles and Ventura counties impacted by the ongoing wildfires to recover and ...
State Farm asks for more insurance rate increases after LA fires
State Farm, which already has rate increase requests pending, asked state officials to approve more insurance price increases ...
Allstate expects $1.1 billion in losses from Los Angeles fires
Allstate Corp. said it expects about $1.1 billion in losses from the wildfires that destroyed Los Angeles County communities ...
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Why California keeps putting homes where fires burn
LA fires expose California’s difficult road to navigate between disaster risk and solving the state’s housing crisis.
Santa Rosa Press Democrat1d
Los Angeles neighbors have vastly different post-wildfire rebuilding options due to insurance crisis
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...
State Farm seeks an emergency insurance rate increase
State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing market ...
State Farm seeks an emergency insurance rate increase after LA wildfires
State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing market ...