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California, Palisades
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,
California is in a home-insurance crisis. The Pacific Palisades fire will only make it worse
We need to make it incredibly expensive to build in these kinds of environments,’ one expert told The Independent. ‘If the insurance industry refuses to sell policies, maybe people won’t risk it’
Why the LA wildfires will worsen California's insurance crisis — even for fire-safe regions
Californians were already fighting to find affordable insurance policies.
3h
on MSN
California Was Already in Home-Insurance Crisis Before Los Angeles Infernos
Industry officials warn of widespread economic damage on par with some of the biggest fire disasters in recent memory.
7h
on MSN
How the devastating Los Angeles fires could deepen California's home insurance crisis
The massive fires that have destroyed much of Pacific Palisades and demolished more than 2,000 homes in Los Angeles County ...
8h
California fires: Insurance companies dropping coverage and fleeing the state due to decades-old law
A California law passed in 1988 and its regulations play a significant role in why insurance companies are fleeing the state, experts say.
9h
on MSN
State Farm canceled California homeowners’ insurance policies months before wildfires
The insurance company canceled thousands of California homeowners' insurance policies last year in an attempt to avoid ...
6h
on MSN
Satellite images of the California wildfires
Satellite images from January 6th to 8th show just how quickly the California wildfires spread and the sheer scale of the ...
1d
on MSN
Nearly 250,000 in California without power as wildfires ravage through state: See map
Hundreds of thousands are without power in California as the powerful Santa Ana winds continue to cause the spread of ...
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wildfires
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