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Insurance Crisis That Will Follow the California Fires
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.
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.
California fires highlight insurance issues across nation, including in New Jersey
The California fires are highlighting a serious issue across the nation as insurance carriers drop coverage or decide not to renew policies based on risk.
47m
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 ...
3h
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.
10h
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 ...
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 ...
10h
Renters Insurance: Why It Matters For Landlords
Renters insurance can positively impact landlords by reducing their liability, protecting their policy rates and improving ...
58m
on MSN
Los Angeles fire victims may not have insurance to rebuild
California’s wildfires are devastating the Los Angeles area, but insurance companies previously cut coverage in the state as ...
6h
on MSN
How much the Browns can collect in insurance money if Deshaun Watson misses all of 2025
The Browns have $44.3 million of Watson’s $46 million base salary covered by insurance. Yes, this means that the Browns will ...
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 ...
20h
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 ...
5h
LA Wildfires Push California Insurance Market to Its Limit
Risk models identified the Palisades — along with Silicon Valley’s Los Altos Hills and the Moraga and Orinda area east of San ...
9h
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 ...
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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