Insurance industry stares at potential record-breaking losses from Los Angeles wildfires
Analysts are evaluating the financial impact of the wildfires that have charred hillsides, homes, and streets in Los Angeles County, with initial estimates suggesting total insured losses could reach as high as $20 billion.
In 2019, the number of homeowners’ policies in California that were not renewed jumped by more than thirty per cent. In 2023, ...
The state of California announced a one-year moratorium on the cancellation or non-renewal of homeowners insurance policies ...
Insurance stocks like Allstate, Progressive and Chubb fell on Thursday as analysts expect wildfires in LA to pose over a $20 ...
Renters insurance can positively impact landlords by reducing their liability, protecting their policy rates and improving ...
A wild week on Wall Street included a selloff of insurance stocks as wildfires raged in California, tough talk from President ...
If your home or business was damaged or destroyed in a wildfire, California Insurance Commissioner Richard Lara says don't ...
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California’s insurance authority rushed to impose a yearlong ban on policy cancellations in parts of Los Angeles hardest hit ...
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California has been hit with an exodus of property insurance companies in recent years, and the state's ongoing wildfires ...
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