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Insurance crisis looms in California
California bans insurance cancellation, non-renewals in LA areas affected by fires
The state of California announced a one-year moratorium on the cancellation or non-renewal of homeowners insurance policies in zip codes affected by the Los Angeles-area wildfires.
Insurance crisis looms in California as fires ravage communities
Insurance companies and rates haven’t kept up with increasingly catastrophic events like the California wildfires or hurricanes that recently hit Florida, Tennessee and North Carolina. It can put
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 issuing new policies for California homeowners.
3h
on MSN
California overhauled its troubled insurance system. Then Los Angeles caught on fire
The Palisades Fire could cause more than $10 billion in damages, further straining the state’s fragile insurance market. On ...
4h
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 ...
8h
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 ...
2h
on MSN
California Fires Have Caused Billions of Dollars in Losses. Why Insurance Stocks Have a Brighter Future.
California Fires Have Caused Billions of Dollars in Losses. Why Insurance Stocks Have a Brighter Future. Watching Pacific ...
17h
on MSN
California insurance crisis: List of carriers that have fled or reduced coverage in the state
California has been hit with an exodus of property insurance companies in recent years, and the state's ongoing wildfires ...
11h
California insurance commissioner bans cancellations and non-renewals in LA fire areas
Insurance Commissioner Ricardo Lara said he's ordered insurance companies to have a one-year moratorium on insurance ...
6h
on MSN
California insurance commissioner issues 1-year moratorium to protect Southern California homeowners
The California insurance commissioner issued a mandatory one-year moratorium on non-renewals and cancellations to protect ...
10h
on MSN
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 ...
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Related topics
wildfires
Los Angeles
Pacific Palisades
Ricardo Lara
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