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.
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California’s insurance authority rushed to impose a yearlong ban on policy cancellations in parts of Los Angeles hardest hit ...
California Fires Have Caused Billions of Dollars in Losses. Why Insurance Stocks Have a Brighter Future. Watching Pacific ...
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The California insurance commissioner issued a mandatory one-year moratorium on non-renewals and cancellations to protect ...
The Palisades Fire could cause more than $10 billion in damages, further straining the state’s fragile insurance market.
The California fires are highlighting a serious issue across the nation as insurance carriers drop coverage or decide not to ...
Key Takeaways Insurance company shares dropped as the massive wildfires in California are now estimated to have caused $135 ...
LOS ANGELES − As multiple wildfires continue to burn through Southern California, evacuation orders remain in place ...
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