More than 30,000 insurance claims have been filed after the devastating Los Angeles-area wildfires, according to the new ...
At least 29 people are believed to be dead and more than a dozen others remain unaccounted for as multiple wildfires rage ...
The legislation would permit a state government conduit issuer to sell bonds to bolster the last-resort FAIR Plan in the wake ...
A chimney remains standing in a home destroyed by the Eaton Fire in Altadena on Jan. 8, 2025. Photo by Jules Hotz for From economy reporter Levi Sumagaysay: Insurance companies have paid out $4.2 ...
State Farm, one of the biggest insurers in California, canceled hundreds of homeowners' policies last summer in Pacific ...
The massive fires that have destroyed much of Pacific Palisades and demolished thousands of homes and structures in Los ...
California’s insurer of last resort reported that claims now are high enough to trigger “re-insurance” payments from back-up ...
For decades, California's byzantine insurance regulations effectively forced insurers to subsidize people living in wildfire-prone areas. With the recent ...
California wildfires continue with dry conditions and powerful winds —which are due to last through Friday — fueling at least ...
The recent outbreak of fires in Los Angeles (LA) have amounted to an estimated economic loss of $250 billion, making it the ...
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
The LA wildfires continue to burn, with Santa Ana winds set to intensify and other challenges hampering rescue efforts.
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