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.
California Fires Have Caused Billions of Dollars in Losses. Why Insurance Stocks Have a Brighter Future. Watching Pacific ...
The California fires are highlighting a serious issue across the nation as insurance carriers drop coverage or decide not to ...
The wind-driven wildfires burning out of control in the Los Angeles area couldn't have emerged at a more perilous moment for ...
The state’s plan to fix the insurance crisis had barely rolled out when the Los Angeles fires began. Can the market recover ...
California Insurance Commissioner Ricardo Lara issued a one-year moratorium that protects homeowners' insurance if they live in the areas impacted by wildfires.
Key Takeaways Insurance company shares dropped as the massive wildfires in California are now estimated to have caused $135 ...
LOS ANGELES − As multiple wildfires continue to burn through Southern California, evacuation orders remain in place ...
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