California’s insurer for people without private coverage needs $1 billion more for LA fires claims
California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out claims related to the Los Angeles wildfires.
California seeks $1 billion from insurers to shore up FAIR Plan after LA fires
California Insurance Commissioner Ricardo Lara has requested $1 billion in additional funds from the commission's member insurers to shore up the state-backed FAIR Plan after wildfires ravaged swathes of land in and around Los Angeles last month.
California Levies $1 Billion Assessment on Insurers for LA Fires
The funds will help the state’s insurer of last resort pay claims to thousands of homeowners affected by the wildfires.
Insurers Braced to Bail Out California State Insurer For L.A. Wildfire Losses
Insurers are estimating losses totaling billions of dollars from the Los Angeles wildfires, including assumed payments to allow for a bail out
California’s insurer of last resort runs out of money to pay L.A. fire claims
In the aftermath of the Los Angeles fires, the FAIR plan gets a $1 billion bailout — the latest indication that California’s home insurance market is on shaky footing.
California’s High-Risk Insurer Gets $1 Billion Bailout After L.A. Fires
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying a home insurance crisis.
2 million acres of land in California designated as ‘high’ or ‘very high’ fire danger areas
In some areas, hazards have surged. Buildings in the highest hazard zones will be subject to the strictest fire-resiliency ...
Google Maps Shows True Devastation of California Wildfires as Total Cost of the Damage Is Revealed
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Cal Fire's updated fire-hazard maps will double the area of locally managed land that must comply with safety codes
Cal Fire will begin rolling out new fire-hazard severity maps, which are expected to more than double the land in ...
Eliminating FEMA would be ‘huge mistake’ after California wildfires, Democrat says
Rep. Judy Chu (D-Calif.) said it would be a “huge mistake” to terminate the Federal Emergency Response Agency (FEMA) in the ...
Where and when rain is forecast to hit wildfire burn scar areas around Southern California
Forecasters released a breakdown Tuesday of where and when heavy rainfall this week is expected to hit areas of Southern ...
Court filing accuses Southern California Edison of tampering with possible Eaton fire evidence
A motion filed late Monday by the law firm Edelson PC accuses Southern California Edison of not disclosing its decision to ...
Travelers sees $1.7 billion in losses from California wildfires
Travelers Cos. said it expects about $1.7 billion of pretax losses from the wildfires that devastated Los Angeles last month.
California Wildfire Auction Sees Tons of Celebrity Items Put Up for Sale
Wildfires have devastated multiple areas of California in recent years, displacing thousands and causing millions in damages.
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California wildfires recovery updates: Tuesday, Feb. 11
Rebuilding efforts are in full swing for Los Angeles County residents as Tuesday marks five weeks since the California wildfires devastated the region.