Governor Newsom is banning insurance companies from canceling home coverage for LA wildfire victims — says folks ‘have suffered enough.’ Here’s why insurers left i…
Several insurance companies have stopped offering policies in California or are refusing to renew existing ones in an effort ...
The Boston Globe14d
For most L.A. fire victims, insurance won’t pay enough to rebuild
The couple moved to Chicago after the fire, where they bought a condo that overlooks Lake Michigan and is near her family. Their insurance is so inexpensive it feels free, she said, “and there ...
insurancebusinessmag15d
APAC insurers face minimal risk from LA wildfires – Fitch Ratings
While it did not consider the impact of the LA wildfires, the report noted that ... non-life insurers – Tokio Marine & Nichido Fire Insurance Co., Ltd. (Insurer Financial Strength (IFS) Rating ...
Adelante Valle16d
State Farm asks for more insurance rate increases after LA fires
State Farm, the largest insurer for California homeowners, this week asked the state to approve “emergency” rate increases for insurance policy holders, saying the recent Los Angeles County fires have ...
India Today16d
LA wildfires spark growing insurance crisis as homeowners struggle to recover lost properties
Listen to Story California faces a home insurance crisis post-wildfires. Private insurance payouts vary vastly from the FAIR Plan. FAIR Plan has higher premiums, lower coverage. The nation’s growing ...
KOB 416d
LA wildfires highlight nation’s insurance crisis as homeowners try to recover lost homes
The nation’s growing home insurance crisis is in the spotlight as Californians begin the long road to rebuilding after the deadly Eaton and Palisades wildfires. For neighbors Louise Hamlin and ...
KOB 416d
LA neighbors have vastly different post-wildfire rebuilding options due to insurance crisis
trim trees near the roof, and other wildfire mitigation efforts. Wilson shopped around aggressively with his insurance agent but to no avail, and resigned himself to the FAIR Plan, assuming he ...