Southern California wildfires expected to cost billions
It's estimated the damage from the Southern California wildfires will cost up to $45 billion to remedy. That's according to two analytic firms, Verisk and CoreLogic, which calculated property losses covered by insurance in the Palisades and Eaton fires.
State Farm Asks for 'Emergency Hike' in Rates Due to Southern California Wildfires
The company is seeking rate increases of up to 22% for non-tenant homeowners, 15% for renters and condominium owners, and up to 38% for rental dwellings. Non-tenant homeowners are investors who don’t live in the property they own.
Southern California wildfires surge — as region hopes for first widespread rain in months
Southern California is grappling with a surge in wildfires, with nine active fires currently burning across the region.
Good news for Southern California wildfires: Rain in forecast (but there's a catch)
If the rain falls at a steady, lighter rate, Southern California could be in good shape. That could mean enough rain to help ease the firefighting strain, but not enough to trigger another potential disaster. Heavier rain could mean the chance for flash flooding or mudslides over fresh burn scars.
Will Southern California's wildfires drive up Arizona homeowners insurance rates?
Arizona led the U.S. for the biggest jump in home insurance rates between 2019 and mid-2024, when home insurance costs skyrocketed more than 62%.
State Farm Seeks Rate Hikes in California to Offset Wildfire Payouts
California's largest private insurer, State Farm, on Monday urged the state's insurance regulator to approve an emergency hike in rates to help offset the hefty payouts the company is making after devastating wildfires in Los Angeles last month.
California's largest home insurer wants to hike rates by 22% for homeowners to help pay for LA's wildfires
State Farm has asked the state's insurance commissioner for approval to increase premiums on homeowners, citing financial challenges.
State Farm asks for approval to increase California home insurance rates by an average of 22%
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California officials for an emergency interim rate increase. The rate hike could work out to an average increase of 22% for California homeowners,
Allstate Expects California Wildfires to Cost $1.1 Billion
In the fourth quarter, catastrophe losses took $315 million out of Allstate’s homeowners insurance business, up from $21 ...
The climate science behind the Southern California firestorm
NBC News’ Al Roker sits down with climate scientist Alexander Gershunov to explain the climate drivers that helped fuel the ...
'All too familiar experience': CSU student's family has lost 4 homes to California wildfires in 8 years
Taylor McLeod's family’s life was turned upside down over winter break when they lost their home in the Palisades Fire.
House members from LA want pollutants from Southern California wildfires tracked
Reps. Laura Friedman, D-Burbank, and Judy Chu, D-Pasadena, were joined by Reps. Brad Sherman, D-Sherman Oaks, and George ...
Their businesses were destroyed by the Southern California wildfires. They’re now seeing an outpouring of support, thanks to the Grammys.
Their businesses were destroyed by the Southern California wildfires. They’re now seeing an outpouring of support, thanks to ...
Rain douses wildfires in Southern California without causing serious mudslides
Rain is easing after Southern California’s first significant storm of the season brought weekend downpours that aided ...
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Rev. Al Sharpton/NAN, Ben Crump to Lead Memorial Service for Wildfire Victims in Southern California
Rev. Al Sharpton will lead a memorial and rally for victims of the catastrophic Southern California wildfires that left communities grieving.