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 ...
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 ...
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 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 ...
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.
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 ...
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 ...
LA fires may spark the end to cheap homeowners’ insurance in California
The relatively low cost of insurance in the Pacific Palisades reflects the vagaries of a homeowners’ insurance market in the ...
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.
How the wildfires in 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 ...