The Insurance Commissioner says his department is looking into claims many people lost their homeowners insurance in the months leading up to fires.
So far, there is no official dollar amount for the Los Angeles wildfire damages, but initial estimates by some experts put it at $20-50 billion for insurers.
If your insurance policy was canceled, you may have some recourse based on the California insurance commissioner's latest order. The state may also be able to help fire victims without any insurance.
State Farm cited “catastrophe exposure” as one reason it wasn’t renewing policies for many Californians, including those in Los Angeles’ Pacific Palisades.
HHS Secretary Xavier Becerra has declared the ongoing wildfires in Los Angeles County a public health emergency.
As of Thursday night, the the Palisades Fire was 6% contained. Early estimates predict $57 billion in damages, which could possibly cause the state's insurance crisis to swell. Between 2020 and 2022, ...
California Insurance Commissioner Ricardo Lara has banned insurance companies from canceling or not renewing polices for homeowners affected by the Palisades and Eaton fires for one year, his office ...
Walgreens stock surges following better-than-expected quarterly earnings, Delta forecasts a strong 2025, and shares of chip ...
Ocean water can be used in extreme cases to fight wildfires, but freshwater is preferred due to equipment corrosion, soil ...