After LA’s Fires, Don’t Weep for Insurance Companies

Insurance Companies Will Try to Exploit the L.A. Fires. We Can’t Let Them
Lara’s plan enacts an insurance industry wishlist to reduce scrutiny of rates, make homeowners across the state bail out insurers for potential billions in FAIR Plan losses, and charge consumers for the cost of insurance that insurers buy in the global, unregulated reinsurance market.
After LA’s Fires, Don’t Weep for the Insurance Companies
The fires that ravaged residential areas in Los Angeles County, which likely began with the eruption of the Palisades fire on January 7 due to strong Santa Ana wind events, have killed at least twenty-five people,
Here's where insurance companies see the most risk for disasters
In the wake of the Los Angeles-area wildfires, some U.S. residents seek safety from climate-related calamities.
These home insurance companies denied the most claims
A Los Angeles Times report on three of the largest home insurance companies in California and found that affiliates of Farmers Insurance, based in Los Angeles, denied approximately 50 percent of its claims, according to the survey.
Which insurance companies have the most exposure in California?
Insurance companies are expected to face significant losses due to the wildfires in Southern California, though a report by Wells Fargo expects those will be "manageable."
Could natural disasters cause insurance companies to go out of business?
Insurance companies have a surplus to help pay out claims, but that doesn't mean an insurer will be available in your state.
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Bill Burr Calls Out Insurance Companies Over LA Fires—'Free Luigi!'
Comedian Bill Burr called for Luigi Mangione, who allegedly killed United Healthcare CEO Brian Thompson, to be freed from ...
NC, insurance companies reach deal on new premiums. Here’s how much you’ll pay.
Under the rates negotiated by Insurance Commissioner Mike Causey, the highest increases will come on the coast and in the ...
They lost their insurance. Then their homes burned
When Chad Comey heard sirens outside the Palisades condo he lived in with his parents last Tuesday, he didn’t think much of it. Then the fire alerts started.
The Cool Down on MSN4h
New report urges major changes to disaster planning for insurance companies — here's what it recommends tinkering
With these risks — and their associated costs — skyrocketing, the home insurance industry is struggling with how to proceed. ...
Insurance companies in California must offer coverage in wildfire-prone areas under new regulation
Insurance companies in California will have to offer coverage to homeowners in wildfire-prone areas under a new state regulation that was announced Monday.
New insurance rules mean homeowners throughout California are likely to pay more after fires
A recent rule change could cause a spike in insurance premium for homeowners across California, as the costs of the Los ...