California's $1 billion LA wildfire bill highlights insurers' struggle, analysts say
California's levy of $1 billion on private insurers to help pay out wildfire claims in its state-created safety net program has renewed focus on the challenges the industry faces in a market already losing appeal rapidly,
Critical California insurer calls for $1 billion infusion to cover LA wildfire claims
California's last-resort homeowners insurance plan seeks a $1 billion infusion from private insurers to help pay Los Angeles-area wildfire claims.
California’s insurer for people without private coverage needs $1 billion more for LA fires claims
California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out claims related to the Los Angeles wildfires.
California seeks $1 billion from insurers to shore up FAIR Plan after LA fires
California Insurance Commissioner Ricardo Lara has requested $1 billion in additional funds from the commission's member insurers to shore up the state-backed FAIR Plan after wildfires ravaged swathes of land in and around Los Angeles last month.
California Levies $1 Billion Assessment on Insurers for LA Fires
The funds will help the state’s insurer of last resort pay claims to thousands of homeowners affected by the wildfires.
California’s insurer of last resort runs out of money to pay L.A. fire claims
In the aftermath of the Los Angeles fires, the FAIR plan gets a $1 billion bailout — the latest indication that California’s home insurance market is on shaky footing.
California’s High-Risk Insurer Gets $1 Billion Bailout After L.A. Fires
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying a home insurance crisis.
Bay Area homeowners likely to pay for California FAIR Plan insurance bailout
Bay Area homeowners will likely be on the hook for helping bail out California’s insurer of last resort to the tune of $1 billion after it ran out of money to pay claims from the devastating Los Angeles wildfires.
2 million acres of land in California designated as ‘high’ or ‘very high’ fire danger areas
In some areas, hazards have surged. Buildings in the highest hazard zones will be subject to the strictest fire-resiliency ...
Cal Fire’s updated fire-hazard maps will double the area of locally managed land that must comply with safety codes
Cal Fire will begin rolling out new fire-hazard severity maps, which are expected to more than double the land in ...
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 the state show more than 1 million acres are at a higher risk of wildfires.
Haunting Before-And-After Images Show Devastation of California Fires
What remains from the fires that broke out Jan. 7 is a charred landscape, filled with skeletal trees and blackened debris.
Recovery efforts in California continue after fires
California is attempting the fastest, largest debris removal operation in the state's history while monitoring hazardous ...
Amazon apologizes to Mandy Moore after package delivered to ruins of in-laws' California home
Moore posted an image of a package in front of a pile of debris that once made up her husband’s parents home in Southern ...
Sazerac Will Auction A Barrel Of Pappy To Fund California Wildfire Relief
The appalling devastation wrought by the Southern California wildfires has prompted Sazerac Company to offer a barrel of 15 ...
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California homeowners will likely share pain of LA fire losses
Virtually every homeowner in California may have to dip into their pockets to help cover the cost of January's Los Angeles ...