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 as high as $20 billion, potentially making it the costliest disaster in California's history.
Breaking: New wildfire reported in Los Angeles County on Jan. 10
A new wildfire was reported today at 10:48 a.m. in Los Angeles County. The wildfire has been burning on private land. Currently, there is no data on the containment status of the fire and the cause has yet to be determined.
Wildfire Relief: How To Support Older Relatives And Other Victims In Los Angeles
By combining financial support, physical assistance, and specialized care for vulnerable populations like the elderly, we can significantly impact the lives of those affected by these devastating wildfires.
League donates $5 million to support Los Angeles wildfire relief
NFL teams and the league's charitable arm are donating a combined $5 million to support those affected by the Los Angeles wildfires, the NFL said on Friday, as the region reels from the devastating infernos.
US Property and Casualty Insurers Slide as Los Angeles Wildfire Losses Mount
U.S. property and casualty insurance stocks fell in premarket trading on Friday after wildfires menacing Los Angeles killed at least 10 people and devoured nearly 10,000 structures, with five fires burning into a third night.
LA fires could break California's insurance market
Wednesday's firestorm in a wealthy area of Los Angeles could be the final straw that breaks California's insurance market. The state's insurance market has been teetering on the edge of insolvency for years thanks to catastrophic wildfires that have driven many insurers to stop writing new policies and drop existing ones.
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.
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 the state’s insurance marketplace after many insurers stopped issuing reside
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California Wildfire Live Updates: Archer Fire No Longer Spreading As Evacuation Order Is Downgraded In Granada Hills
A brush fire in Granada Hills dubbed the Archer Fire was reported just before 10:30 a.m. local time Friday, triggering an ...
Milo Ventimiglia, Mel Gibson among stars who’ve lost homes in Los Angeles fires
The Pacific Palisades wildfires torched the home of “This Is Us” star Milo Ventimiglia, perhaps most poignantly destroying ...
At Los Angeles emergency shelters, wildfire evacuees turn to community help amid uncertainty
"It’s hard to see, because there’s so much pain and suffering,” said one local, who dropped off toys at the Westwood ...
Los Angeles fires live updates: 10 killed, 10,000 structures destroyed as Palisades, Eaton and other wildfires continue to burn in California
The deadly wildfires roaring through Los Angeles County entered a fourth day on Friday. At least 10 people have been killed, ...
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Rams donate $1 million to Los Angeles wildfire relief, other NFL teams join them
Los Angeles has been devastated by the wildfires burning throughout the area, destroying thousands of structures and forcing ...
Los Angeles wildfires: At least 10 dead and 153,000 told to flee as alert system fixes underway
Tens of thousands of people have been impacted by evacuation orders since the blazes began. Follow for live updates.
Raging Fires in Los Angeles Raze Homes and Force Evacuations
Evacuees sought refuge and medical care at a Red Cross-run evacuation shelter at the Westwood Recreation Center in Los ...
Republicans sound eager to deny fire aid to Los Angeles
As wildfires continue to devastate Los Angeles, conservatives such as Charlie Kirk have gone on the record to suggest that ...
Citizens arrest arson suspect holding blowtorch after another LA wildfire starts
After another Los Angeles wildfire started on Thursday, a suspected arsonist with a blowtorch was detained by police officers ...