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Roughly one-fifth of the homeowners’ insurance premiums the company collects in the US come from California, according to Moody’s. Meanwhile, Allstate fell 5.6%, Travelers sank 4.3%, and Chubb ...
A crew for Southern California Edison prepares the ground for electric poles along the Pacific Coast Highway near homes destroyed by the Palisades Fire in Malibu, California, on Wednesday.
David Muir anchors a special edition of "20/20" with continuing coverage of the deadly California fires. “American Catastrophe: LA Burning - A Special Edition of 20/20” starts tonight at 9/8c ...
"Premiums are increasing in fire-prone areas because insurance companies are dealing with more claims and bigger payouts," says Nick Ramirez, a California-based Goosehead insurance agent. "It’s ...
LA fires live updates: 20 arrested for looting as fires rip through LA ... Insurance companies dropped 1.72% of Californian homeowners’ policies in 2023, according to a December report by the US ...
In the months before thousands of Los Angeles homes went up in flames, property insurance companies dropped coverage in many neighborhoods of the city, citing the growing wildfire risks caused by ...
The state of California announced a one-year moratorium on the cancellation or non-renewal of homeowners insurance policies in zip codes affected by the Los Angeles-area wildfires.
Other insurers with over 5% market share in California in 2023 include Mercury Insurance (6.1%), Allstate (5.8%), Auto Club Insurance (5.8%) and USAA (5.4%). California Wildfires Could Cost ...