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Pacific Palisades, Farmers Insurance Group
The Pacific Palisades Inferno Won’t Engulf the Insurance Industry
Watching Pacific Palisades burn, it may be hard to imagine the insurance industry thriving. But the severe weather of climate change could actually help this industry grow. So send relief to wildfire victims,
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.
Before the Palisades Fire, many of those homeowners had lost insurance
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
Los Angeles, California and insurance
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.
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.
US insurers slump as Los Angeles wildfire loss estimates escalate
Severe and frequent natural disasters have hastened the insurance industry's retreat from high-risk areas, particularly Florida and California.
Tuko
10m
Devastating LA fires expected to push up insurance premiums
The fires ravaging upmarket Los Angeles districts Pacific Palisades and Malibu will be the most expensive ever to hit ...
1h
on MSN
LA fires could drastically drive up insurance premiums — and test California’s new market rules
The state’s plan to fix the insurance crisis had barely rolled out when the Los Angeles fires began. Can the market recover ...
4h
Insurance commissioner issues moratorium on home policy cancellations in fire zones
Insurance Commissioner Ricardo Lara has issued a one-year moratorium on home policy non-renewals and cancellations in the ...
3h
California Bans Insurance Policy Cancellations in L.A. Until 2026 as Wildfire Disaster Costs Pile Up
California’s insurance authority rushed to impose a yearlong ban on policy cancellations in parts of Los Angeles hardest hit ...
1d
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 ...
11h
The LA wildfires are ripping through the celebrity-packed Pacific Palisades. Here's which stars have lost homes.
"Star Wars" actor Mark Hamill was among the thousands who evacuated Los Angeles. Other stars, including Paris Hilton, Billy ...
1d
on MSN
The Los Angeles wildfires are upending life for the city’s workers. What bosses need to know
Los Angeles is in the grip of unprecedented wildfires that are destroying homes and ending lives. A fire that started in the ...
12h
on MSN
Pacific Palisades residents begin return to fire-stricken neighborhoods
Though the Palisades Fire continues to rage, currently estimated to have consumed nearly 20,000 acres, destroyed over 5,000 ...
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Los Angeles
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