california la wildfire

California, LA

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.

Reuters · 6h

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.

Bloomberg L.P. · 7h

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.

The Washington Post on MSN · 4h

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.

Hosted on MSN · 13h

$1.1 Billion Loss For Allstate Amidst California Fires

Just months before the Southern California wildfires, many insurance companies, including Allstate, backed out of the California Market. While many individuals are upset with insurance companies for backing out,

8hon MSN

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 ...

1don MSN

California updates LA wildfire website to connect victims with services

California updates its Los Angeles wildfire website to help victims find resources as they continue to recover.

13h

Breaking: New wildfire reported in Los Angeles County on Feb. 11

A new wildfire was reported today at 9:26 a.m. in Los Angeles County. The wildfire has been burning on private land. At this ...

14hon MSN

Facing backlash over $500K salary, LA's wildfire recovery czar agrees to work for free

Steve Soboroff, a longtime fixture in Los Angeles civic life who is now serving as chief recovery officer for the city’s ...

10h

California Storm, Atmospheric River A Los Angeles Burn Area Flood Risk

Areas charred by last month's wildfires in Southern California now face a new threat from a powerful, but fast-moving Pacific ...

Edison utility faces shareholder lawsuit over LA wildfires

The parent company of Southern California Edison has been sued for allegedly defrauding shareholders before the recent Los ...

FOX 11 Los Angeles on MSN16h

California wildfires recovery updates: Tuesday, Feb. 11

Rebuilding efforts are in full swing for Los Angeles County residents as Tuesday marks five weeks since the California wildfires devastated the region.

Insurers Braced to Bail Out California State Insurer For L.A. Wildfire Losses

Insurers are estimating losses totaling billions of dollars from the Los Angeles wildfires, including assumed payments to ...

4hon MSN

Where and when rain is forecast to hit wildfire burn scars across the Los Angeles area

Forecasters released a breakdown Tuesday of where and when heavy rainfall this week is expected to hit areas of Southern ...

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