The Cost of the Los Angeles Fires Is Looking Like $30 Billion—and Counting
While the insurance cost of the devastation is estimated to be around $30 billion, another tally puts the total damage at upward of $250 billion.
Opinion
This Is Who Should Foot the Bill for the Los Angeles Fires
It’s time to require oil and gas companies to compensate communities, homeowners, businesses and even insurers for the losses.
What the Los Angeles fires might mean for the Bay Area home insurance market
Not only would existing homeowners continue to see rate hikes and lose coverage, but families that struggle to find insurance could not take out a mortgage to buy a home. In areas at extreme fire
How the Los Angeles wildfires can increase insurance rates for all Californians
The program guaranteeing fire insurance coverage for homeowners turned down by traditional companies, known as the California FAIR Plan​, could run out of money following the devastating destruction caused by the Palisades and Eaton fires.
What’s next for home insurance in California after the Los Angeles fires?
UC Berkeley's Dave Jones, the former insurance commissioner of California, explains the stakes of the current wildfire emergency and what might happen next.
Los Angeles begins long recovery from fires — and braces for new disasters
Officials released details about the recovery effort from the initial Los Angeles fires — an effort expected to last up to 18 months as authorities clear the wreckage.
Los Angeles Has Always Been Divided
W hen wildfires broke out across Los Angeles earlier this month, many publications began to frame the incalculable tragedy through the lens of celebrity news. As flames engulfed t
Firefighters halt advance of latest Los Angeles wildfire
The Hughes Fire burned some 10,176 acres but that figure held steady throughout the day as 4,000 firefighters dropped water and retardant from the air and used hand tools and hoses on the ground.
Breaking: New wildfire reported in Los Angeles County on Jan. 24
Jan. 24 A new wildfire was reported today at 6:03 p.m. in Los Angeles County. The wildfire has been burning on private land. At this time, the containment status is unknown and the cause of the fire remains undetermined.
Los Angeles Wildfires
Hughes fire
Thousands of Los Angeles homeowners were dropped by their insurers before the Palisades Fire
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
ABC 7 Los Angeles on MSN8h
Do you have enough insurance to rebuild after disaster? Experts say 2 types of coverage are key
Most fire victims say they want to rebuild. They might have insurance, but is it going to be enough? Here are two types of ...
Los Angeles wildfires spark insurance anxiety among victims
Many people fear that their insurance policies won't cover the rebuild cost and that future premiums will be astronomical.
Fast Company on MSN10d
California overhauled its insurance system. Then Los Angeles caught fire.
Joel Laucher, a former regulator and fire insurance expert at the consumer advocacy organization United Policyholders, said that the damage from the Los Angeles blazes could lead to further ...
Los Angeles Area Fire Victims May Also Have Tax Issues To Address
Fire victims may be taxed on money they collect, even on payments from their insurance companies. Amounts received following ...
With Rain in Forecast, Weary Los Angeles Hopeful of Progress Against Wildfires
California firefighters could make more headway in containing three major wildfires burning in and around Los Angeles on ...