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More homeowners are being denied insurance. The L.A. fires can be a turning point.
Many insurance companies have stopped issuing new policies to homeowners in other vulnerable states, including Louisiana and Florida. The wildfires that have devastated large parts of Los Angeles County have drawn fresh attention to the struggles many Americans face insuring their homes.
Homeowners Insurance Denied or Canceled? You Aren't Alone. Here's What to Do Next
Home insurance providers may deny you coverage or cancel your policy if you live in a region with widespread losses, you haven’t paid your policy, or you’ve filed too many claims.
These home insurance companies denied the most claims
A Los Angeles Times report on three of the largest home insurance companies in California and found that affiliates of Farmers Insurance, based in Los Angeles, denied approximately 50 percent of its claims, according to the survey.
State Farm will renew insurance for fire-affected homeowners
State Farm, one of the largest insurers in California, announced Wednesday it will offer policy renewals to homeowners impacted by the wildfires that erupted in the Los Angeles area last week.
2h
on MSN
Waters and Sherman introduce bill to address gaps in wildfire insurance coverage
Reps. Maxine Waters and Brad Sherman reintroduce legislation that would require a study assessing the danger wildfires pose ...
1h
on MSN
UnitedHealth shares fall 5% after first earnings report since insurance CEO’s murder
Shares in the insurance provider dropped after the firm disclosed its first earnings report since the shocking assassination ...
21h
on MSN
What Homeowners Insurance Actually Covers (and How Much You Should Have)
Homeowners insurance is a crucial financial protection for your home and belongings, but many homeowners don't fully ...
NerdWallet on MSN
27m
Wildfires Ignite Insurance Crisis: What’s Next for Californians?
California may be wooing back private insurers to high risk areas, but the state’s last-resort plan is likely to be ...
1d
on MSN
Is Your Term Life Insurance a Waste of Money?
Term life insurance offers affordable coverage with a significant tax-free death benefit, but most policies don't pay out.
1d
on MSN
Here's where insurance companies see the most risk for disasters
In the wake of the Los Angeles-area wildfires, some U.S. residents seek safety from climate-related calamities.
1h
How will home insurance change after LA's fires?
The California fires have devastated Los Angeles. They may also wreak havoc on the insurance industry: Experts say total ...
ABC Action News
3h
Despite market improvement, homeowners still seeing insurance rates rising
ABC Action News committed to covering insurance in Florida. We came back to see if Marisa's rates are still rising despite ...
7h
Indiana lawmakers contemplate slashing unemployment insurance timespan
Discussion on possible unemployment insurance cuts — and other legislation — revealed differences in opinion and didn't end ...
2d
on MSN
Expert warns San Antonio of potential insurance hikes due to increased disaster frequency
SAN ANTONIO - Although we're far from the devastation caused by wildfires in California, we may feel the impact on our ...
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