State Farm canceled California homeowners’ insurance policies months before wildfires
The insurance company canceled thousands of California homeowners' insurance policies last year in an attempt to avoid "financial failure."
Pacific Palisades fire may spell an end to cheap homeowners insurance in California
The Pacific Palisades area ravaged by wildfires in Los Angeles is one of the most expensive neighborhoods in the U.S., home to Hollywood A-Listers and multimillion dollar mansions. And ahead of this week's disaster,
California’s insurance is in crisis. The solution will cost homeowners a ton
Lynne Levin-Guzman stood in the front yard of her 90-year old parents’ home in Los Angeles County, California, trying to protect it with a garden hose — because their insurance company no longer would.
How the California fires are fueling an 'insurance crisis'
Raging brush fires in California are exacerbating the state's home insurance crisis, which was already suffering due to the risk of destructive wildfires in the area.
Los Angeles wildfires rage as California homeowners battle an 'insurance crisis'
The wind-driven wildfires burning out of control in the Los Angeles area couldn't have emerged at a more perilous moment for California's homeowners, as officials try to rehab what they concede is a deepening "insurance crisis.
Los Angeles fires spark fears California home insurance prices could spike
The Los Angeles County fires are now raising concerns about what's next: Could there be another explosion in California home insurance policy costs?
Experts break down how the Palisades fire will worsen California's insurance crisis
This week's fires will only worsen the situation, insurance and real estate experts told Business Insider. "It's like we took two steps forward, then we just took five back," Cali
How will the California wildfires shape the home insurance industry?
In recent years, insurers like Allstate, American National, The Hartford and State Farm have stopped renewing policies or ...
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Los Angeles Fires Could Push California’s Insurance System to the Brink
Damages from the recent fires in the Los Angeles area could overwhelm California’s already stressed insurer of last resort ...
The Los Angeles Fires Will Put California’s New Insurance Rules to the Test
The state’s insurance industry was reformed in late 2024 to promote coverage in disaster-prone areas. Tens of billions in ...
Are California Wildfires Covered by Insurance? What To Know
The fires in Southern California are expected to cause devastating losses to residents—many of whom have had their insurance ...
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Everything To Know About Homeowners Insurance In The Case Of Wildfire Damage
In the wake of massive fires popping up in California and other areas on the West Coast, ensure you know what your homeowners ...
California Was Already in Home-Insurance Crisis Before Los Angeles Infernos
Industry officials warn of widespread economic damage on par with some of the biggest fire disasters in recent memory.
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How will LA's devastating fire losses affect insurance and home costs?
The current fires are on track to become one of the most costly disasters in California history. That could threaten the ...
Major insurance company canceled policies in Pacific Palisades months ago: Report
FOX Business' Cheryl Casone joined 'Fox & Friends First' to discuss the insurance crisis in California as wildfires devastate ...
California Residents Without Fire Insurance Lose Everything
Californians who didn't find new homeowners coverage after being dropped by their insurers stand to lose everything from the fires.