The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize the state’s insurance marketplace after many insurers stopped issuing ...
Insurance Commissioner Ricardo Lara has issued a one-year moratorium on home policy non-renewals and cancellations in the ...
The Palisades Fire could cause more than $10 billion in damages, further straining the state’s fragile insurance market.
The human suffering is a disaster. But the economic cost to residents and the insurance industry will add to the woes facing residents of Southern California.