Citing perilous risks in residential areas primed to burn, insurance companies in recent years have dropped hundreds of thousands of policies, leaving California residents scrambling for coverage.
Lynne Levin-Guzman stood in the front yard of her 90-year-old parents’ home in Los Angeles County, California, trying to protect it with a garden hose — because their insurance company no longer would ...
Recovery efforts in Southern California are underway after deadly wildfires last month. But the state's last-resort property insurance provider needs a $1 billion infusion from private insurance ...
California and Florida have for years been the canary in the gold mine for a homeowner insurance crisis that experts warn might soon spread to many more states across the country. The two ...
The wildfires ravaging Southern California for over seven days could exacerbate the ongoing property insurance sector crisis in the state, leading to further premium hikes and coverage cuts from major ...
SACRAMENTO, Calif. -- California Gov. Gavin Newsom signed a bipartisan bill Thursday that aims to prevent the state's home insurer of last resort from running out of money following a natural disaster ...
As firefighters race to control roaring blazes that have forced thousands to flee their homes, the mounting financial toll from the most destructive firestorm in Los Angeles history could deal a ...
Private home insurers are dropping a growing number of customers in most states, a Senate report found. That leaves homeowners at risk, turning to more expensive last-resort options or going uninsured ...
The wildfires ravaging Southern California for over seven days could exacerbate the ongoing property insurance sector crisis ...