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The Pacific Palisades Inferno Won’t Engulf the Insurance Industry
Watching Pacific Palisades burn, it may be hard to imagine the insurance industry thriving. But the severe weather of climate change could actually help this industry grow. So send relief to wildfire victims,
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.
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.
Victims of the Pacific Palisades fire face another harsh reality: No insurance to rebuild
Insurers have been cutting coverage for thousands of homeowners across the neighborhoods most affected by this week's California wildfires.
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,
Pacific Palisades is no stranger to fire concerns – or California's home insurance problem
An executive summary of the plan that was previously released mentioned Pacific Palisades by name, noting that "strong winds, notably the Santa Ana winds, can swiftly spread flames, posing threats to nearby communities like Pacific Palisades, Malibu, and Woodland Hills."
James Woods tearfully recalls evacuating in Pacific Palisades fire: 'Like an inferno'
Actor James Woods got emotional during an interview Wednesday as he recalled evacuating his Los Angeles home amid the Pacific Palisades fire.
Pacific Palisades resident loses 'everything' in wildfire
A Pacific Palisades resident returned to his mobile home on Jan. 8 to find only rubble and burnt out cars.
The catastrophic damage to Pacific Palisades
Los Angeles Times photographer Robert Gauthier took an aerial tour of the damage to Pacific Palisades after the fires. Robert Gauthier has been with the Los Angeles Times since 1994. He was the photographer for a project detailing the failings of an L.
1h
on MSN
Insurance commissioner issues moratorium on home policy cancellations in fire zones
Insurance Commissioner Ricardo Lara has issued a one-year moratorium on home policy non-renewals and cancellations in the ...
Jefferson Public Radio
2m
LA fires could drastically drive up insurance premiums — and test California’s new market rules
The state’s plan to fix the insurance crisis had barely rolled out when the Los Angeles fires began. Can the market recover ...
Grist
55m
California overhauled its insurance system. Then Los Angeles caught fire.
The Palisades Fire could cause more than $10 billion in damages, further straining the state’s fragile insurance market.
22h
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 ...
FOX 11 Los Angeles on MSN
30m
Commissioner blocks insurance cancelations in fire zones: What to know
If your insurance policy was canceled, you may have some recourse based on the California insurance commissioner's latest order. The state may also be able to help fire victims without any insurance.
7h
on MSN
How Los Angeles wildfires could affect California's home insurance market
State authorities previously listed the Palisades as one of the five Southern California areas with the highest concentration ...
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 ...
10h
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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