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California Halts Insurance Cancellations
Woman Fights California Wildfires to Save Home After Insurance Cancelled
An emergency room nurse from Sierra Madre ran towards the Eaton fire to save her elderly parents' home in Hastings Ranch from going up in flames after their insurance company dropped their fire insurance, she told Los Angeles' KABC-TV in a video shared on YouTube on Wednesday.
California Bans Insurance Policy Cancellations in L.A. Until 2026 as Wildfire Disaster Costs Pile Up
California’s insurance authority rushed to impose a yearlong ban on policy cancellations in parts of Los Angeles hardest hit by the apocalyptic wildfires that continued to sow destruction as of
California Halts Insurance Cancellations After Wildfires
Key Points ・California has implemented a one-year moratorium preventing insurance companies from canceling or non-renewing homeowners’ policies in areas impacted by wildfires. ・The moratorium applies to ZIP Codes near the Palisades and Eaton fires,
Insurance Crisis That Will Follow the California Fires
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.
An insurance crisis was already brewing in L.A. Then the fires hit.
The Los Angeles wildfires could threaten California’s already unstable insurance market, which carriers have been fleeing as disasters multiply.
How the devastating Los Angeles fires could deepen California's home insurance crisis
The massive fires that have destroyed much of Pacific Palisades and demolished more than 2,000 homes in Los Angeles County threaten an effort to fix California's troubled home insurance market.
6h
Los Angeles wildfires spark insurance anxiety among victims
As Los Angeles construction worker Ivan De La Torre surveyed a landscape of smoking wreckage in fire-ravaged Altadena, a ...
20h
Insurance commissioner issues moratorium on home policy cancellations in fire zones
Insurance Commissioner Ricardo Lara has issued a one-year moratorium on home policy non-renewals and cancellations in the ...
20h
Homeowners Affected by Palisades and Eaton Fires Get Insurance Protections
California’s insurance commissioner won’t allow canceled or nonrenewed policies in and around the fire zones for a year.
16h
on MSN
California wildfire insurance chaos, dumping DEI and IRS tax season
A wild week on Wall Street included a selloff of insurance stocks as wildfires raged in California, tough talk from President ...
21h
on MSN
California Fires Have Caused Billions of Dollars in Losses. Why Insurance Stocks Have a Brighter Future.
Watching Pacific Palisades burn, it may be hard to imagine the insurance industry thriving. But the severe weather of climate ...
1d
Insurance industry stares at potential record-breaking losses from Los Angeles wildfires
Analysts are evaluating the financial impact of the wildfires that have charred hillsides, homes, and streets in Los Angeles ...
17h
Insurance Stocks Slide on Concerns About Financial Hit From L.A. Fires
Shares of leading U.S. home and auto insurers fell on concerns the Los Angeles infernos, likely to be the costliest wildfire ...
20h
on MSN
Fire home insurance: What people in California should not do
If your home or business was damaged or destroyed in a wildfire, California Insurance Commissioner Richard Lara says don't ...
1d
Renters Insurance: Why It Matters For Landlords
Renters insurance can positively impact landlords by reducing their liability, protecting their policy rates and improving ...
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