While the state of California and the broader insurance industry will handle the estimated $40 billion cost from the Los Angeles wildfires, homeowners will likely get burned by higher policy costs, ...

The median home in Orange County listed for $499,000 in December, down 0.2% from the previous month's $499,999, an analysis ...

"American Modern Insurance insured a lot of mobile homes in and around Pacific Palisades. Right now. their claim cost, if you can imagine, are $13 million, for mobile homes, that is going to be an ...

Note that policy costs in these high-risk states, minus California, averaged $5,040 – roughly 150% more than Golden State prices. And the 48-state average policy of $3,200 is 50% above California’s ...

Under the rates negotiated by Insurance Commissioner Mike Causey, the highest increases will come on the coast and in the ...

No official causes yet for LA fires, but utilities have a deadly history of sparking blazes. Cut the power and bury the lines ...

The Trump administration’s plans to slap new tariffs on imports from Canada and other countries could set off new waves of ...

Gov. Gavin Newsom called for an independent investigation into the loss of water pressure to local fire hydrants and the ...

The Pacific Palisades is home to a bevy of celebrities, and the average home ... higher cost,” Harvard finance professor Ishita Sen, who co-authored the study, told The Wall Street Journal. In ...

“The policy is generally going to cover the cost ... and 2022, insurance companies declined to renew 2.8 million homeowner policies in California, including 531,000 in Los Angeles County ...

Raging wildfires in Southern California are an early, high-stakes test of new regulations designed to shore up the state’s spiraling homeowners insurance ... also let insurance companies pass on the ...

TODAY How California wildfires impact homeowners insurance policies Posted: January 11, 2025 | Last updated: January 11, 2025 With thousands of people in the Los Angeles area impacted by the ...