Fires are still raging across Los Angeles in what is shaping up to be one of the most expensive calamities on American soil, with estimates of the economic damage and losses running as high as $275 billion. Thousands of residents have lost their...
Three of California’s largest home insurance companies declined nearly half of their claims in 2023, well above the national average, according to a ratings agency report reviewed by The Times.In a survey of national claims handled by the state’s leading home...
With the California wildfires now expected to cost insurance companies more than $40 billion, many people in Southwest Florida are worried that could impact rates in the Sunshine State.“The insurance industry is facing a lot of suits and...
PACIFIC PALISADES, Calif. (KGO) -- The estimated insured losses from the Los Angeles County wildfires could reach $20 billion, which would be recorded as the costliest fire in U.S. history in that category, according to J.P. Morgan.The impacts are expected to be significant...
