The Pacific Palisades Inferno Won’t Engulf the Insurance Industry
Watching Pacific Palisades burn, it may be hard to imagine the insurance industry thriving. But the severe weather of climate change could actually help this industry grow. So send relief to wildfire victims,
Pacific Palisades fire may spell an end to cheap homeowners insurance in California
By Andy Sullivan The Pacific Palisades area ravaged by wildfires in Los Angeles is one of the most expensive neighborhoods in the U.S., home to Hollywood A-Listers and multimillion dollar mansions. And ahead of this week's disaster,
Victims of the Pacific Palisades fire face another harsh reality: No insurance to rebuild
Insurers have been cutting coverage for thousands of homeowners across the neighborhoods most affected by this week's California wildfires.
Yes, State Farm ended insurance coverage for many in the Pacific Palisades in 2024
State Farm cited “catastrophe exposure” as one reason it wasn’t renewing policies for many Californians, including those in Los Angeles’ Pacific Palisades.
Before the Palisades Fire, many of its homeowners had lost insurance
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
Pacific Palisades is no stranger to fire concerns – or California's home insurance problem
An executive summary of the plan that was previously released mentioned Pacific Palisades by name, noting that "strong winds, notably the Santa Ana winds, can swiftly spread flames, posing threats to nearby communities like Pacific Palisades, Malibu, and Woodland Hills."
California had a home insurance crisis before the LA fires. It's only going to get worse.
The California wildfires could drive up premiums and prompt a new wave of private insurers dropping policies or declining to write new ones.
See photos as L.A. fires rage in California near Palisades, Pasadena
A brush fire broke out Tuesday near the Pacific Palisades, a coastal neighborhood on the west side of Los Angeles, and quickly exploded.
California's Palisades Fire devastated an entire community in just hours
Residents of the Pacific Palisades neighborhood near Los Angeles, California, are now taking stock of widespread devastation as a wind-driven wildfire continues to burn through the community. (Scripps
California governor says Pacific Palisades wildfire has destroyed many structures as winds kick up
A wildfire whipped up by extreme winds swept through a Los Angeles hillside dotted with celebrity residences Tuesday, burning homes in Pacific Palisades and prompting evacuation orders for tens of thousands.
Aerial footage shows Pacific Palisades in ruins after Los Angeles wildfires
A drone captured the charred remnants of Pacific Palisades, a neighborhood west of downtown Los Angeles severely impacted by wildfire.
Major insurance company canceled policies in Pacific Palisades months ago: Report
FOX Business' Cheryl Casone joined 'Fox & Friends First' to discuss the insurance crisis in California as wildfires devastate ...
Insurance crisis looms in California as fires ravage communities
California homeowners who may have lost everything will already have to deal with that pain, and for some, an insurance crisis may be on the horizon.
How the wildfires in Los Angeles area could affect California’s home insurance market
The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize ...
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How will LA's devastating fire losses affect insurance and home costs?
The current fires are on track to become one of the most costly disasters in California history. That could threaten the ...
How the devastating Los Angeles fires could deepen California's home insurance crisis
The massive fires that have destroyed much of Pacific Palisades and demolished more than 2,000 homes in Los Angeles County ...