Los Angeles, California

What’s next for home insurance in California after the Los Angeles fires?
UC Berkeley's Dave Jones, the former insurance commissioner of California, explains the stakes of the current wildfire emergency and what might happen next.
California's FAIR Plan faces financial strain amid Los Angeles wildfire crisis
Los Angeles wildfires highlight California's insurance crisis as the FAIR Plan faces challenges with limited funds to cover massive fire claims.
How the wildfires in the Los Angeles area could affect California’s home insurance market
The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize the state’s insurance marketplace after many insurers stopped issuing residential policies due to the high fire risk.
How the Los Angeles wildfires can increase insurance rates for all Californians
The program guaranteeing fire insurance coverage for homeowners turned down by traditional companies, known as the California FAIR Plan​, could run out of money following the devastating destruction caused by the Palisades and Eaton fires.
California’s insurer of last resort has potential exposure to LA wildfires of nearly $5 billion and reinsurance of $5.78 billion
"The FAIR Plan, a not-for-profit catastrophe insurer, has the payment mechanisms in place to ensure all covered claims will be paid."
California's FAIR Plan, the home insurer of last resort, may need a bailout after the L.A. fires
California's Fair Plan, the state's insurer of last resort, may be unable to pay billions in claims arising from the Los Angeles fires and may require a bailout that could ultimately be paid by homeowners statewide.
Thousands of Los Angeles homeowners were dropped by their insurers before the Palisades Fire
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
Fast Company on MSN4d
California overhauled its insurance system. Then Los Angeles caught fire.
Joel Laucher, a former regulator and fire insurance expert at the consumer advocacy organization United Policyholders, said ...
KPBS1d
How the Los Angeles fires could impact the home insurance market
California's home insurance market was rocky before the fires, but companies were committed to make a comeback. With ...
Los Angeles wildfires spark insurance anxiety among victims
Many people fear that their insurance policies won't cover the rebuild cost and that future premiums will be astronomical.
Los Angeles fire losses could reach $30 billion for insurers
Multiple fires raging across the Los Angeles area will cost insurers as much as $30 billion, Wells Fargo and Goldman Sachs ...
The Hill3d
The LA crisis is bigger than the fires — insurance is the next burning issue
The mass destruction of the Los Angeles wildfire could not have been forecast or planned for. Otherwise, insurance premiums would have been set much higher to cover the losses being accrued with ...
ABC7 on MSN7h
Insurance workshops offered in Santa Monica and Pasadena for wildfire victims
Free insurance workshops designed to assist Los Angeles-area residents affected by the recent wildfires are scheduled at Santa Monica College and Pasadena City College.