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, the state Insurance Department said Tuesday.
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’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 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 high-risk insurer gets $1 billion bailout after L.A. fires
California's home insurance plan of last resort, designed for people who can't get coverage on the private market, does not have enough money to pay claims from the Los Angeles wildfires and is getting an infusion of cash from regular insurers.
More than 2 million acres of local land in California designated high or very high fire danger areas
Reflecting intensifying wildfires and updated science, new state maps designate more than 2.3 million acres of local land in ...
Rainy forecast renews debris slide fears in Southern California as winter storms bring snow and ice to eastern US
Rain, snow and sleet fell across a 1,500-mile stretch of the eastern US Tuesday, with more than a foot of snow recorded ...
Here’s how fires and floods are intensifying the US housing crisis
The wildfires levied significant long-term damage, with thousands of homes destroyed, billions in damages and a worsening of the state’s housing and homelessness crises. Even before the fires, ...
Recovery efforts in California continue after fires
California is attempting the fastest, largest debris removal operation in the state's history while monitoring hazardous ...
Travelers sees $1.7 billion in losses from California wildfires
Travelers Cos. said it expects about $1.7 billion of pretax losses from the wildfires that devastated Los Angeles last month.
Court filing accuses Southern California Edison of tampering with possible Eaton fire evidence
A motion filed late Monday by the law firm Edelson PC accuses Southern California Edison of not disclosing its decision to ...
Heavy Rains Could Trigger Mudslides in Fire-Ravaged Southern California
Moisture sweeping down the coast will drench much of California, including areas that burned severely just a month ago.
Inequity seen after wildfires in California
Before a wildfire ravaged their street in northwest Altadena, Louise Hamlin and Chris Wilson lived next door to each other in ...
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 ...