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Insurance, Palisades and California
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.
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.
Pacific Palisades fire may spell an end to cheap homeowners insurance in California
Insurance costs in one of the most expensive U.S. neighborhoods are relatively low Tight regulations keep prices down but discourage insurers Insurance costs more in New Orleans' Lower Ninth Ward Jan 9 - The Pacific Palisades area ravaged by wildfires in Los Angeles is one of the most expensive neighborhoods in the U.
9h
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 ...
1h
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 ...
12h
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 ...
9h
Renters Insurance: Why It Matters For Landlords
Renters insurance can positively impact landlords by reducing their liability, protecting their policy rates and improving ...
2h
on MSN
Fire home insurance: What people in California should not do
If your home or business was damaged or destroyed in a wildfire, California Insurance Commissioner Richard Lara says don't ...
4h
Dealing With the Damage: Filing an Insurance Claim After a Fire, Step by Step
Filing an insurance claim after a fire is a daunting task, but taking it step by step can help ensure a smooth process of ...
8h
on MSN
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 ...
19h
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 ...
7h
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 ...
7h
on 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 ...
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