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High winds continue to impede firefighters' progress in the Pacific Palisades and Eaton fires.
January 13 -
Bankers are putting pre-established action plans for disaster recovery into motion as wildfires in Los Angeles sweep across the region.
January 13 -
Verisk and Moody's are the first two modeling companies to submit their models to the California Department of Insurance. A Verisk executive explained the functioning of their model and what insurers' options are.
January 10 -
A trio of blazes in SoCal have destroyed over 2,000 homes and structures in neighborhoods with average property values well above the national average.
January 9 -
The wildfires add pressure to California's home insurance market, which has faced a growing crisis in recent years.
January 9 -
The most destructive wind storm to strike the Los Angeles area in 14 years is fanning wildfires.
January 8 -
California adopted a rule that aims to bolster access to home insurance in the state, after several major carriers retreated from the market amid growing risk of wildfires.
December 16 -
Seven out of the 12 biggest home insurers have limited their coverage in California over the past two years; increased fire risk driven by climate change is part of the reason.
December 12 -
California's IBank has partnered with an insurer and fire resilience fund to pay for fire resilience programs.
December 6 -
Following a judge's ruling, California Insurance Commissioner Ricardo Lara promises clarifications on questions about rate increase processes.
December 2 -
In California, wildfire readiness is quickly becoming a financial necessity.
November 4 -
California hospitals will be forced to close if they don't complete earthquake safety upgrades by 2030. Gov. Gavin Newsom vetoed a bill to extend the deadline.
September 27 -
California ordered home insurers to maintain coverage during the next year for 750,000 customers in four counties ravaged by wildfires that are still burning east of Los Angeles.
September 23 -
A bill would allow the California Infrastructure and Economic Development Bank to issue debt for California's FAIR Plan, its property insurer of last resort.
August 30 -
The rate hike, which will take effect from November, will impact about 350,000 policyholders across California.
August 29 -
OpenAI is opposing a bill in California that would place new safety requirements on artificial intelligence companies, joining a chorus of tech leaders and politicians who have recently come out against the controversial legislation.
August 21 -
The California Department of Insurance, responding to consumer advocate groups' criticisms, issued a plan that its commissioner says will keep rate increases in check.
August 12 -
California and Oregon are experiencing yet another record-setting year of wildfires amid increasing uncertainty about FEMA and property insurance backstops.
August 9 -
While insurers like State Farm General Insurance Co. and Allstate Corp. are retreating to avoid costly fire damage claims, Delos is going all in.
July 29 -
California's lofty home prices and scarce inventory already amounted to one of the most nightmarish housing markets in the U.S.
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