Los Angeles fires expose insurance shortcomings. Could startups do better?
The once hot insuretech sector fell out of favor a few years ago. Given the scope of the current disaster though, it's not ...
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LA fires could drastically drive up insurance premiums — and test California’s new market rules
LA fires threaten to hike insurance premiums, challenging California's new market rules as homeowners brace for rising costs and growing wildfire risks.
California Insurers Ask to Preserve Evidence of Wildfires
Utility giant Southern California Edison received "evidence preservation notices" from attorneys representing insurers.
California lawmakers to consider expediting insurance claims after L.A. fires
After devastating fires in Los Angeles County, California lawmakers will consider changes to the state's troubled insurance ...
Fires in California decimate Los Angeles area, leave apocalyptic scenes: Live Updates
The Palisades, Eaton, Hurst, Lidia, Kenneth and Sunset fires are burning in Southern California, forcing tens of thousands of people to evacuate. Here are the latest updates.
US property and casualty insurers slide as Los Angeles wildfire losses mount
U.S. property and casualty insurance stocks fell in premarket trading on Friday after wildfires menacing Los Angeles killed ...
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LA wildfire insured losses total billions of dollars, ratings agencies say
Jasper Cooper, senior credit officer for Moody's Ratings, expected insured losses to amount to billions of dollars given the area's high values of homes and businesses ...
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Every California homeowner could pay tab for LA wildfires
An unstable state-chartered insurance program might be forced to impose assessments on insurance companies and policyholders.
Early estimates predict $57B in damages from California fires; National Guard called in amid looting
Between 2020 and 2022, insurance companies declined to renew 2. 8 million homeowner policies in the state, including 531,000 in L.A. County.
Newsom’s fire response under microscope amid presidential speculation
California Gov. Gavin Newsom (D) is in the spotlight as multiple wildfires tear through the Los Angeles area, putting his ...
At Least 10 Dead In California Wildfires As New Fire Leads To More Evacuations
Major airlines including Southwest, United and Delta are warning that wildfires and high winds could affect flights to ...
L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.
Allstate, Chubb and Travelers are likely to be the publicly traded insurance carriers most affected, as they are the most ...