The New Yorker1h
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, ...
Grist1h
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.
California Fires Cause Human Misery But Exact Economic Toll on Residents and the Insurance Industry as Well
The human suffering is a disaster. But the economic cost to residents and the insurance industry will add to the woes facing ...
Mother Jones4h
The California Fires Could Scorch the State’s Broken Insurance Market
As the Eaton Fire devastated the Hastings Ranch neighborhood in Pasadena, California, the family seemed especially screwed: ...
Insurance Company Stocks Fall as Damage Estimates from California Wildfires Rise
Insurance company shares fell Friday as the massive wildfires in California are now estimated to have caused $135 billion to ...
Before the Palisades Fire, many of those homeowners had lost insurance
Pacific Palisades, the Los Angeles neighborhood that's been devastated by the Palisades Fire, is emblematic of the insurance ...