Los Angeles, California

What the Los Angeles fires might mean for the Bay Area home insurance market
Many who lost homes in the L.A. infernos were likely on the plan. According to a Bay Area News Group analysis of FAIR Plan data, there are more than 26,000 FAIR Plan properties in ZIP codes impacted by the fires across Los Angeles County.
How the devastating Los Angeles fires could deepen California’s home insurance crisis
The massive fires that have destroyed much of Pacific Palisades and demolished thousands of homes and structures in Los Angeles County threaten an effort to fix California's troubled home insurance market.
The Los Angeles Fires Will Put California’s New Insurance Rules to the Test
The state’s insurance industry was reformed in late 2024 to promote coverage in disaster-prone areas. Tens of billions in fire damage will stress-test the new regime.
California had a home insurance crisis before the LA fires. It's only going to get worse.
The California wildfires could drive up premiums and prompt a new wave of private insurers dropping policies or declining to write new ones.
Los Angeles Fires Could Push California’s Insurance System to the Brink
Damages from the recent fires in the Los Angeles area could overwhelm California’s already stressed insurer of last resort
How the wildfires in Los Angeles area could affect California’s home insurance market
The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize the state’s insurance marketplace after many insurers stopped issuing residential policies due to the high fire risk.
California Was Already in Home-Insurance Crisis Before Los Angeles Infernos
Industry officials warn of widespread economic damage on par with some of the biggest fire disasters in recent memory.
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.
Los Angeles wildfire costs double to $20 billion overnight for insurers
The potential cost for insurers of the devastation caus Los Angeles wildfires is now expected to surpass $20 billion, according to analysts at JPMorgan Chase & Co., doubling their estimate from just a day before.
Los Angeles fires could push up rents across the city by 8% or more, expert warns
While the fires have struck areas where some homes are worth many millions of dollars, the potential rise in rents in Los Angeles could also spill over into other less pricey neighborhoods, worsening costs in an already expensive city.
Massive Los Angeles fires rage on even as Hollywood blaze retreats
A pair of massive wildfires menacing Los Angeles from the east and west were still burning uncontained on Thursday, two days after they ignited, but firefighters managed to beat back another blaze scorching the Hollywood Hills.
LA fires spotlight the home insurance industry amid climate change
Ballooning expenses for insurers and homeowners alike are most pronounced in disaster-prone areas like California and Florida ...
Major insurance carriers dropped fire coverage in California; is Arizona next?
Last year, major insurance carriers stopped issuing new fire coverage in California and the same could happen in certain ...
Will LA’s firestorms imperil the home insurance market?
But one analyst told The New York Times that insurance companies could see a drain on their reserves from this week’s ...