The Insurance Crisis That Will Follow the California Fires
In 2019, the number of homeowners’ policies in California that were not renewed jumped by more than thirty per cent. In 2023, two giant insurers, State Farm and Allstate, announced that they would stop writing new policies for various forms of property insurance in California.
A wild week on Wall Street included a selloff of insurance stocks as wildfires raged in California, tough talk from President ...
Analysts are evaluating the financial impact of the wildfires that have charred hillsides, homes, and streets in Los Angeles ...
California’s insurance commissioner won’t allow canceled or nonrenewed policies in and around the fire zones for a year.
Renters insurance can positively impact landlords by reducing their liability, protecting their policy rates and improving ...
California Fires Have Caused Billions of Dollars in Losses. Why Insurance Stocks Have a Brighter Future. Watching Pacific ...
Ballooning expenses for insurers and homeowners alike are most pronounced in disaster-prone areas like California and Florida ...
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California’s insurance authority rushed to impose a yearlong ban on policy cancellations in parts of Los Angeles hardest hit ...
State authorities previously listed the Palisades as one of the five Southern California areas with the highest concentration ...
If your home or business was damaged or destroyed in a wildfire, California Insurance Commissioner Richard Lara says don't ...
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California has been hit with an exodus of property insurance companies in recent years, and the state's ongoing wildfires ...
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