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By Alex Brown, STATELINE In the months before thousands of Los Angeles homes went up in flames, property insurance companies dropped coverage…
Jan 16, 2025
By Stephen Hobbs, SACRAMENTO BEE https://www.sacbee.com/news/politics-government/capitol-alert/article298552728.html A bill meant to help stabilize California’s troubled insurance market has key early support as wildfires…
Jan 16, 2025
By Jean Eaglesham and Sara Randazzo, WALL STREET JOURNAL https://www.wsj.com/finance/insurers-rule-change-puts-california-homeowners-on-the-hook-for-l-a-fire-88336040?st=j48Sbs&reflink=desktopwebshare_permalink ALTADENA, Calif.—A little-noticed rule change last year by California’s insurance regulator will likely shift…
Jan 15, 2025
By Lois Parshley, LEVER & ROLLINGSTONE https://www.levernews.com/we-will-all-be-paying-for-l-a-s-wildfires/?utm_source=newsletter-email&utm_medium=link&utm_campaign=newsletter-article Over a year before Los Angeles’ uncontrollable wildfires burned through neighborhoods once considered safe, the…
Jan 15, 2025
By Hillary Ojeda, LOOKOUT SANTA CRUZ Local insurance agents say they’re hopeful that planned new state regulations will allow them to write…
Jan 13, 2025
By Thomas Frank, E&E NEWS The Los Angeles wildfires could force California residents to pay billions of dollars to bail out the…
Jan 10, 2025
By Jonalyn Cueto, REINSURANCE BUSINESS https://www.insurancebusinessmag.com/us/news/reinsurance/usaa-leaders-discuss-rising-insurance-costs-in-california-520063.aspx In a recent CNBC interview, USAA’s outgoing CEO Wayne Peacock and incoming CEO Juan Andrade addressed…
Jan 10, 2025
By Laurence Darmiento, LOS ANGELES TIMES https://www.latimes.com/business/story/2025-01-09/la-fires-property-home-insurance-crisis-fair-plan-lara-state-farm-allstate-palisades-eaton-altadena-wildfires When raging wildfires tore through Pacific Palisades and other local communities this week, they not…
Jan 10, 2025
By Ethan Varian, Molly Gibbs, Jovi Dai, MERCURY NEWS The devastating wildfires burning through Los Angeles County this week are stoking concerns…
Jan 10, 2025
By Kenneth Schrupp, THE CENTER SQUARE https://www.thecentersquare.com/california/article_3f92d976-ce0a-11ef-9efc-bb80f6754a0d.html (The Center Square) – California’s fire insurer of last resort has long been on the…
Jan 10, 2025
By Jeff Collins & Pat Maio, LOS ANGELES DAILY NEWS Wildfires spared Tim Scanlon’s Altadena home as of Wednesday afternoon, even after…
Jan 9, 2025
By Tran Nguyen, ASSOCIATED PRESS https://apnews.com/article/california-wildfires-los-angeles-insurance-6fbb51bd3060743da0638baf4cf2845d SACRAMENTO, Calif. (AP) — The wildfires that destroyed homes in multiple sections of the Los Angeles area will…
Jan 9, 2025
By Chris Isidore, CNN https://www.cnn.com/2025/01/09/business/california-wildfires-homeowners-insurance/index.html Lynne Levin-Guzman stood in the front yard of her 90-year-old parents’ home in Los Angeles County, California,…
Jan 9, 2025
By Brett Wilkins, COMMON DREAMS https://www.commondreams.org/news/california-wildfire-insurance As deadly wildfire incinerated more than 1,000 homes and other structures in Los Angeles County this…
Jan 8, 2025
Consumer Watchdog calls the rule a power grab.
Jan 8, 2025
By Thomas Elias, INSURANCE NEWS NET The newspaper headline asked the proper question, but the story that followed missed the point. It…
Jan 3, 2025
By Sheri Walsh, UPI https://www.upi.com/Top_News/US/2025/01/02/california-home-insurance-rules/6001735792977 New emergency insurance regulations in California will require home insurance providers write more policies, including in high-risk wildfire-prone…
Jan 2, 2025
By Staff Reporters, KNX-AM – Los Angeles, CA Click below to listen to the audio of this radio broadcast segment.
Jan 1, 2025