If there is a single bright spot to be found in the aftermath of the costliest wildfire in California’s history, it is that both the property/casualty insurance industry and the independent agents who serve as its personal point of contact …
Wildfires are intensifying the problems in California’s property insurance market, according to a new commentary from AM Best. Those problems include a major insurer pullback from California in the past year, followed by the L.A. wildfires, which could result in …
Removing toxic waste from the foothills and coastal canyons where more than 16,000 homes and businesses burned down in the Los Angeles wildfires was always going to be an unprecedented challenge in a densely-populated, traffic-choked metropolis. And then the Trump …
USAA has paid out more than $1 billion for the Los Angeles wildfires, making it the third insurer to report $1 billion or more in payouts for the destructive blazes that burned thousands of properties. The company, which is among …
Economic losses from the fires that tore through Los Angeles County in January range from $95 billion to $164 billion, according to a new report, potentially making the blazes the second-costliest natural disaster in U.S. history. The Eaton and Palisades …
Weeks after wildfires that killed at least 29 people and destroyed entire neighborhoods, Southern California is facing another extreme-weather threat: Too much rain. After drenching the northern part of the state, a massive Pacific storm will start to move south …
State Farm General said on Monday it is asking the California Department of Insurance to immediately approve interim rate increases, including 22% average for homeowners. The carrier, the state’s top homeowners insurer, is partly blaming the devastating Los Angeles wildfires …
Not far from where Ceci Carroll lives, a rock-mining company has polluted the air with dust across the San Gabriel Valley, she said. Now, as crews clean charred remains from the Los Angeles wildfires, she worries about a new potential …
Preliminary data show insurance companies have paid out more than $4 billion for losses from the biggest two of the Los Angeles-area wildfires that swept through the region and destroyed tens of thousands of homes earlier this month. The picture …
A law firm representing victims of the Eaton Fire in Los Angeles has submitted photos with a legal filing on Wednesday that appear to show exposed wire at the base of a Southern California Edison tower that the firm alleges …
