The California Fair Plan (CFP) has already paid out more than $700mn for damages related to this year’s Los Angeles wildfires ...

Travelers Cos. said it expects about $1.7 billion of pretax losses from the wildfires that devastated Los Angeles last month.

Travelers said it expects pretax catastrophe losses of $1.7 billion from the devastating wildfires that struck southern ...

A new commentary from AM Best noted that California policyholders increasingly turned to the state’s insurer of last resort ...

The fires that devastated Pacific Palisades and Altadena, California have been a nightmare for thousands of citizens who have lost loved ones and their homes. Although the human cost of tragedies of ...

The Travelers Companies Inc (NYSE:TRV) on Tuesday disclosed a preliminary pre-tax loss estimate of $1.7 billion due to the California wildfires in January 2025.

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.

She was forced to switch to the California Fair Plan, the state’s insurer of last resort, which offers bare-bones fire coverage at typically high rates. By the morning of Jan. 8, her home had ...

Earlier this month, the California Department of Insurance announced that insurance companies have paid out $4.2 billion in ...

Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...

The post Google Maps Shows True Devastation of California Wildfires as Total Cost of the Damage Is Revealed appeared first on ...