California Homeowners Get New Protection From Insurance Cancellations
California Insurance Commissioner Ricardo Lara issued a one-year moratorium that protects homeowners' insurance if they live in the areas impacted by wildfires.
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.
The Los Angeles Fires Will Put California’s New Insurance Rules to the Test
The state’s insurance industry was reformed in late 2024 to promote coverage in disaster-prone areas. Tens of billions in fire damage will stress-test the new regime.
California Halts Insurance Cancellations After Wildfires
Key Points ・California has implemented a one-year moratorium preventing insurance companies from canceling or non-renewing homeowners’ policies in areas impacted by wildfires. ・The moratorium applies to ZIP Codes near the Palisades and Eaton fires,
California fires: Insurance companies dropping coverage and fleeing the state due to decades-old law
A California law passed in 1988 and its regulations play a significant role in why insurance companies are fleeing the state, experts say.
California bars insurers from dropping fire victims until 2026. What to know
As the Palisades and Eaton fires wreak havoc on Los Angeles, the state insurance commissioner is taking action to protect home insurance policy owners
Southern California wildfires add to growing worries about homeowner insurance
Wildfires spared Tim Scanlon’s Altadena home as of Wednesday afternoon, even after devouring a neighbor’s landscaping and torching several nearby properties. But the music licensing executive worried that the firestorms rampaging across Los Angeles County still will affect his pocketbook,
CA Insurance Commissioner announces insurance protection for homeowners impacted by fires
California Insurance Commissioner Ricardo Lara has banned insurance companies from canceling or not renewing polices for homeowners affected by the Palisades and Eaton fires for one year, his office announced.
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 ...
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 ...
How the wildfires in the Los Angeles area could affect California’s home insurance market
The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize ...
How the devastating Los Angeles fires could deepen California’s home insurance crisis
The massive fires that have destroyed much of Pacific Palisades and demolished thousands of homes and structures in Los ...
US insurers slump as Los Angeles wildfire loss estimates hit $20 billion
U.S. insurance stocks slid on Friday as analysts estimated insured losses from the wildfires menacing Los Angeles could reach ...
California Was Already in Home-Insurance Crisis Before Los Angeles Infernos
Industry officials warn of widespread economic damage on par with some of the biggest fire disasters in recent memory.
Los Angeles fires expose insurance shortcomings. Could startups do better?
The once hot insuretech sector fell out of favor a few years ago. Given the scope of the current disaster though, it's not ...
California wildfires live updates: Gov. Newsom orders investigation of Los Angeles water supply
California wildfires continue with dry conditions and powerful winds —which are due to last through Friday — fueling at least five fires.
Destruction from Los Angeles County wildfires likely to impact insurance rates statewide
The devastation from the raging fires in Southern California is only just starting to come to light, but there are already ...