Por: Los Angeles Times Business July 26, 2024
In the past several years, homeowners across the state have been either burdened with extremely high insurance premiums or have struggled to find coverage at all. Wildfires have sent California’s homeowners insurance market into crisis and the situation is only getting worse. So far, 2024 has seen 219,247 acres burned, more than 20 times the amount this time last year. As wildfires become more frequent and destructive, insurers have worked to... + full article
Associated Press USA Business June 06, 2023
LOS ANGELES (AP) — Two insurance industry giants have pulled back from California’s home insurance marketplace, saying that increasing wildfire risk and soaring construction costs have prompted them to stop writing new policies in the nation’s most populous state.State... + más
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ABC News USA Business June 06, 2023
LOS ANGELES -- Two insurance industry giants have pulled back from California's home insurance marketplace, saying that increasing wildfire risk and soaring construction costs have prompted them to stop writing new policies in the nation's most populous state.State... + más
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WPLG Local 10 USA Nation June 06, 2023
LOS ANGELES – Two insurance industry giants have pulled back from California's home insurance marketplace, saying that increasing wildfire risk and soaring construction costs have prompted them to stop writing new policies in the nation's most populous state.State... + más
Los Angeles Times USA Business June 03, 2023
Californians looking to buy a house face some of the country’s most expensive real estate prices and wildfires that threaten scores of housing tracts. Now there’s another obstacle: finding an insurer willing to cover their dream home. State Farm General Insurance Co. said... + más
Another major insurer is halting new policy sales in California | CBS News
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Newsweek USA Nation April 13, 2023
nCalifornia has experienced a higher than average snowpack this season, which is expected to reduce the impacts of the 2023 wildfire season.nHowever, the excessive growth of foliage that has formed this spring could serve as prime fuel for wildfires in the summer... + más
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Los Angeles Times USA Business October 18, 2022
California will become the first state in the nation to require insurance premium discounts for owners of homes and businesses that are made safer from wildfires. New rules mandate that insurance companies reward consumers who take wildfire safety and mitigation actions under... + más
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