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Insurance Commissioner Ricardo Lara has issued a one-year moratorium on home policy non-renewals and cancellations in the Pacific Palisades and the San Gabriel Valley's Eaton fire zones.
"California is preventing insurance companies from canceling home coverage for LA wildfire victims in impacted zip codes over the next year,” Newsom shared on X, formerly Twitter. “The folks ...
The problem of canceled policies has forced some homeowners to go without fire insurance or to use a program set up by the state — but without taxpayer support — called the California FAIR plan.
California wildfires have burned more than 832,000 acres so far this year, so the news that any insurer is ending fire insurance coverage is jarring for homeowners in the state, but for 17,000 ...
She says the insurance company canceled fire insurance on the 90-year-old couple’s home in Hastings Ranch, California just before the wildfire reached their community.
Allstate’s liability is a small fraction of the total insurance claims from the California fires in January: They are expected to come from 16,600 properties and forecast to cost the industry ...
California does have an insurance program under the Fair Access to Insurance Requirements Plan, established in the 1960s, which provides fire insurance coverage for high-risk properties. The ...
They've lived in this house for 75 years, and they've had the same insurance," Guzman told ABC7 Eyewitness news, "and the insurance people decided to cancel their fire insurance." "So, thank you ...