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California, Insurance Commissioner and LA fires rage
California Bans Insurance Companies From Canceling Plans Due To Wildfires
California has enacted a one-year ban on insurance cancellations and non-renewals for homeowners in Los Angeles areas affected by the recent Palisades and Eaton fires. This decision, announced by Insurance Commissioner Ricardo Lara,
As LA fires rage, California’s insurance commissioner imposes 1-year ban on policy cancellations
Our top priority is protecting Californians during this crisis and helping us to recover,” said state Insurance Commissioner Ricardo Lara.
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.
1h
State official Ricardo Lara warns of fraud targeting survivors of LA wildfires
Workshops on Jan. 18 and Jan. 25 in Pasadena and Santa Monica will help homeowners understand their insurance policies.
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Here's what not to do if your California home was damaged, destroyed by wildfire
If your home or business was damaged or destroyed in a wildfire, California Insurance Commissioner Richard Lara says don't ...
1d
on MSN
California insurance commissioner issues 1-year moratorium to protect Southern California homeowners
The California insurance commissioner issued a mandatory one-year moratorium on non-renewals and cancellations to protect ...
1d
on MSN
Insurance commissioner issues moratorium on home policy cancellations in fire zones
Insurance Commissioner Ricardo Lara has issued a one-year moratorium on home policy non-renewals and cancellations in the ...
1d
on MSN
California bars insurers from dropping fire victims until 2026. What to know
As the Palisades and Eaton fires wreak havoc on Los Angeles, the state insurance commissioner is taking action to protect ...
2h
on MSN
Who Is Levin Guzman? LA Nurse Battles Eaton Fire To Save Parents' Home Amid Revoked Insurance
A 62-year-old woman battled the Eaton fire to save the residence of her parents after their fire insurance was revoked. Levin ...
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US insurers slump as Los Angeles wildfire loss estimates hit $20 billion
U.S. insurance stocks slid on Friday as analysts estimated insured losses from the wildfires menacing Los Angeles could reach ...
19h
on MSN
New Hampshire insurance commissioner says wildfires will impact entire insurance industry
The New Hampshire Insurance Commissioner said his office is making calls to consumers to let them know how the California ...
4h
on MSN
CA Introduces Insurance Protections For Palisades, Eaton Fire Victims
The state insurance commissioner took several actions to help protect consumers impacted by the Palisades and Eaton fires.
ABC 10 News
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New regulation increasing California Homeowner's Wildfire Coverage may be a 'bad deal'
The State plans to expand insurance access to Californians in wildfire-prone areas, but nonprofit Consumer Watchdog said ...
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