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Los Angeles, California
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 more than 2,000 homes in Los Angeles County threaten an effort to fix California's troubled home insurance market.
What the Los Angeles fires might mean for the Bay Area home insurance market
The devastating wildfires burning through Los Angeles County this week are stoking concerns that California’s already faltering home insurance market could be thrown into deeper turmoil.
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.
24m
on MSN
LA fires spotlight the home insurance industry amid climate change
Ballooning expenses for insurers and homeowners alike are most pronounced in disaster-prone areas like California and Florida, they added, but climate change has helped fuel premium hikes in many ...
2h
Will LA’s firestorms imperil the home insurance market?
But one analyst told The New York Times that insurance companies could see a drain on their reserves from this week’s ...
2h
on MSN
Major insurance carriers dropped fire coverage in California; is Arizona next?
Last year, major insurance carriers stopped issuing new fire coverage in California and the same could happen in certain ...
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