The Insurance Crisis That Will Follow the California Fires
In 2019, the number of homeowners’ policies in California that were not renewed jumped by more than thirty per cent. In 2023, two giant insurers, State Farm and Allstate, announced that they would stop writing new policies for various forms of property insurance in California.
The state of California announced a one-year moratorium on the cancellation or non-renewal of homeowners insurance policies ...
In recent years, insurers like Allstate, American National, The Hartford and State Farm have stopped renewing policies or ...
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The California insurance commissioner issued a mandatory one-year moratorium on non-renewals and cancellations to protect ...
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California’s insurance authority rushed to impose a yearlong ban on policy cancellations in parts of Los Angeles hardest hit ...
If your home or business was damaged or destroyed in a wildfire, California Insurance Commissioner Richard Lara says don't ...
California’s insurance commissioner issued a one-year moratorium on policy nonrenewals and cancellations in areas affected by ...
California banned insurers from canceling or not renewing residential property policies in the Los Angeles neighborhoods that ...
The Palisades Fire could cause more than $10 billion in damages, further straining the state’s fragile insurance market. On ...
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