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California homeowners insurance market tested
Pacific Palisades fire may spell an end to cheap homeowners insurance in California
The Pacific Palisades area ravaged by wildfires is one of the most expensive neighborhoods, home to Hollywood A-Listers and multimillion dollar mansions. And ahead of this week's disaster, its insurance costs were among the most affordable in the country.
Before the Palisades Fire, many of its homeowners had lost insurance
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
State Farm canceled California homeowners’ insurance policies months before wildfires
The insurance company canceled thousands of California homeowners' insurance policies last year in an attempt to avoid "financial failure."
7h
on MSN
The Pacific Palisades Inferno Won’t Engulf the Insurance Industry
Watching Pacific Palisades burn, it may be hard to imagine the insurance industry thriving. But the severe weather of climate ...
12h
Victims of the Pacific Palisades fire face another harsh reality: No insurance to rebuild
Insurers have been cutting coverage for thousands of homeowners across the neighborhoods most affected by this week's ...
20h
Major insurance company canceled policies in Pacific Palisades months ago: Report
FOX Business' Cheryl Casone joined 'Fox & Friends First' to discuss the insurance crisis in California as wildfires devastate ...
10h
on MSN
Pacific Palisades is no stranger to fire concerns – or California's insurance problem
On Tuesday, flames tore through Palisades Charter High School, which reports show was previously used to offer shelter to ...
8h
Yes, State Farm ended insurance coverage for many in the Pacific Palisades in 2024
State Farm cited “catastrophe exposure” as one reason it wasn’t renewing policies for many Californians, including those in Los Angeles’ Pacific Palisades.
4h
on MSN
Will L.A. Wildfires Worsen California’s Property Insurance Crisis?
Wildfires continued to rage in Los Angeles late Thursday, decimating neighborhoods and raising questions about the future of ...
5h
on MSN
California had a home insurance crisis before the LA fires. It's only going to get worse.
The California wildfires could drive up premiums and prompt a new wave of private insurers dropping policies or declining to write new ones.
1d
Pacific Palisades
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
FOX 11 Los Angeles on MSN
13h
Pacific Palisades neighborhoods destroyed by fire
Stu Mundel gave us an aerial view of the devastation of the Palisades fire. Notable moments as Trump sits with Obama, greets ...
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California
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