Thousands of Los Angeles area residents who lost their homes in the wildfires are learning they are underinsured — and won’t get compensated for all their losses. Ash-har Quraishi reports.
The destruction of some of the state’s most expensive mansions in communities like Pacific Palisades received much of the attention, but the fires also displaced people in predominantly middle- and ...
The California FAIR Plan on Tuesday was allowed to seek $1 billion from insurance companies that do business in the state in response to the Los Angeles wildfires — half of which could ultimately be ...
A California appeals court ruling that could doom insurance coverage for smoke damage claims is in line for strong pushback ...
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
The nation's growing home insurance crisis is in the spotlight as California homeowners begin the long road to rebuilding after the deadly Eaton and Palisades wildfires.
Many homeowners now choose to go skip insurance altogether, owing to the difficulty of obtaining coverage at all or even at a reasonable price. Insurance coverage has been diminishing in many respects ...
As losses mount, and the cost of building materials increases, insurers are passing those expenses on to policyholders, who ...
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