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Victims of Pacific Palisades fire face another harsh reality
Victims of the Pacific Palisades fire face another harsh reality: No insurance to rebuild
Even before this week's devastating wildfires left thousands of structures in smoldering ruins across some of the most affluent Los Angeles neighborhoods, the state of California faced an existential insurance crisis.
Pacific Palisades fire may spell an end to cheap homeowners insurance in California
By Andy Sullivan The Pacific Palisades area ravaged by wildfires in Los Angeles is one of the most expensive neighborhoods in the U.S., home to Hollywood A-Listers and multimillion dollar mansions. And ahead of this week's disaster,
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.
17h
on MSN
Before the Palisades Fire, many of those homeowners had lost insurance
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
13h
on MSN
An insurance crisis was already brewing in L.A. Then the fires hit.
The Los Angeles wildfires could threaten California’s already unstable insurance market, which carriers have been fleeing as ...
50m
LA fires could drastically drive up insurance premiums — and test California’s new market rules
This story first appeared in CalMatters. The deadly and destructive fires in Los Angeles — which some say could be the ...
1d
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 ...
1d
Wildfires Intensify Pivotal Moment for Insurance Industry
With over 13,000 homes at risk, the losses from the Los Angeles wildfires could approach $10 billion, according to ...
15h
on MSN
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 thousands of homes and structures in Los ...
1d
Pacific Palisades
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
17h
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 ...
1h
The LA wildfires are ripping through the celebrity-packed Pacific Palisades. Here's which stars have lost homes.
"Star Wars" actor Mark Hamill was among the thousands who evacuated Los Angeles. Other stars, including Paris Hilton, Billy ...
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