california insurance news

insurance, wildfires and California

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.

Grist · 43m

California overhauled its insurance system. Then Los Angeles caught fire.

The Palisades Fire could cause more than $10 billion in damages, further straining the state’s fragile insurance market.

The Hill on MSN · 5h

California official bans insurance cancellations, nonrenewals in wildfire-affected areas

California’s insurance commissioner issued a one-year moratorium on policy nonrenewals and cancellations in areas affected by devastating wildfires in and around Los Angeles. “I am using my moratorium powers to prevent insurance companies from canceling or non-renewing policies in wildfire-impacted areas,

the California fires are fueling an 'insurance crisis'

The New Yorker · 1h

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.

Fox Business on MSN · 10h

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 threaten to make the problem worse.

The Baltimore Sun · 1h

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

3hon 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 ...

51m

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.

1hon MSN

California fires: VP Harris called out over claim about canceled insurance

The insurance industry is pushing back against Vice President Kamala Harris suggesting carriers canceled the policies of some California wildfire victims, calling her claims "false." ...

California's insurance commissioners

At a Friday morning wildfire news conference, California Insurance Commissioner Ricardo Lara addressed the needs of fire ...

5hon MSN

Insurance Company Stocks Fall as Damage Estimates from California Wildfires Rise

Key Takeaways Insurance company shares dropped as the massive wildfires in California are now estimated to have caused $135 ...

15hon MSN

Where are evacuation orders in place for the California wildfires? See maps

LOS ANGELES − As multiple wildfires continue to burn through Southern California, evacuation orders remain in place ...

California Fires News | Today's Latest Stories | Reuters

Reuters.com is your online source for the latest news stories and current events, ensuring our readers up to date with any ...

Fact-checking criticism of California Democrats over fires

The US president-elect has criticised a top California Democrat for challenges fighting the blazes in Los Angeles.

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insurance, wildfires and California

the California fires are fueling an 'insurance crisis'

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