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Los Angeles, wildfires and Insurance stocks
Factbox-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 County, with initial estimates suggesting total insured losses could reach as high as $20 billion.
How Los Angeles wildfires could affect California's home insurance market
State authorities previously listed the Palisades as one of the five Southern California areas with the highest concentration of potential wildfire risks. The community also is among the areas most impacted by an unavailability of insurance coverage.
Insurance stocks sell off sharply as potential losses tied to LA wildfires increase
AllState, Chubb and Travelers are the most exposed carriers to insured losses in the wildfires, according to JPMorgan.
California, Pacific Palisades and insurance
Victims of the Pacific Palisades fire face another harsh reality: No insurance to rebuild
Insurers have been cutting coverage for thousands of homeowners across the neighborhoods most affected by this week's California wildfires.
Pacific Palisades fire may spell an end to cheap homeowners insurance in California
By Andy Sullivan The Pacific Palisades area ravaged by wildfires in Los Angeles is one of the most expensive neighborhoods in the U.S., home to Hollywood A-Listers and multimillion dollar mansions. And ahead of this week's disaster,
California’s insurance is in crisis. The solution will cost homeowners a ton
Lynne Levin-Guzman stood in the front yard of her 90-year old parents’ home in Los Angeles County, California, trying to protect it with a garden hose — because their insurance company no longer would.
2h
Renters Insurance: Why It Matters For Landlords
Renters insurance can positively impact landlords by reducing their liability, protecting their policy rates and improving ...
4h
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 ...
5h
on MSN
The end of climate stability is the end of the insurance market
Climate stability and the insurance market Good morning. The wildfires in Los Angeles have killed people, destroyed thousands ...
1h
on MSN
What Wildfires Mean for America’s Home-Insurance Bills
With insured losses ballooning, home-insurance rates in places like Vermont and Virginia are rising, too.
12h
on MSN
LA fires spotlight the home insurance industry amid climate change
Ballooning expenses for insurers and homeowners alike are most pronounced in disaster-prone areas like California and Florida ...
1h
California homeowners left without insurance ahead of wildfires
Los Angeles fire insurance expert Richard Giller joins ‘Fox & Friends’ to shed light on why some Californians were dropped by ...
16h
on MSN
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 ...
2h
Insurance companies leaving places at risk for natural disasters | Morning in America
Wildfires, hurricanes and other natural disasters seen recently across the United States could make parts of the country ...
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