New California wildfire maps: See 'Very High' fire hazard zones by county
A recent executive order by California Gov. Gavin Newsom aims to ramp up fire safety in urban areas as new maps released by ...
Insurer Mercury Will Discuss the Los Angeles Wildfires and Its Own Prospects
With about 4.5% of California’s home insurance market, Mercury faces a double whammy from the fires that engulfed Pacific Palisades and Altadena.
California homeowners will pay part of FAIR Plan’s $1 billion assessment
The state’s insurance of last resort is charging a $1 billion special assessment to private insurance providers, a move ...
The Sacramento Observer1d
California homeowners to face new fees to keep fallback insurance plan solvent
California's FAIR Plan imposes $1 billion assessment on homeowners and insurers to ensure solvency amidst growing wildfire ...
California Fire Insurance Ruling Spurs Policyholder Pushback (1)
A California appeals court ruling that could doom insurance coverage for smoke damage claims is in line for strong pushback ...
State farm was all in on California—until it pulled the plug before the fires
Insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies last year, adding to the state’s home-insurance crisis.
California Asks Insurers to Spare Wildfire Victims ‘the List’
The state’s regulator wants insurance carriers to pay full policy limits without requiring victims to itemize every object in ...
themortgagepoint6d
LA Wildfires Cause Billions in Property Damage & Capital Losses
A new report from UCLA Anderson Forecast suggests the two largest wildfires that tore through LA County may have caused more ...
reinsurancene6d
ZestyAI’s Z-FIRE model gains approval for California wildfire risk assessment
ZestyAI, a provider of AI-driven climate and property risk analytics, announced that Z-FIRE, its advanced wildfire risk model ...
California’s insurance crisis means L.A. wildfire survivors have wildly unequal rebuilding challenges
As wildfires, hurricanes, and other natural disasters become more frequent due to climate change, many property owners ...
Tahoe Daily Tribune.com13d
LA fires fuel concerns over rising cost, availability of Tahoe homeowners’ insurance
The loss of billions of dollars worth of property in Los Angeles in recent weeks has sparked new concerns about the ...
An affordability avalanche
INSURANCE PAYOUT: Insurance companies have already paid out $4.2 billion in claims related to the Palisades and Eaton fires, ...