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Lithium batteries from Tesla Inc., along with those from other carmakers, have added to the mix of toxic materials requiring specialized removal in the wake of the fires, delaying the fire victims' return to their properties.

The insurance market going into the Jan. 7 catastrophe already had been hit with non-renewals and cancellations -- and an overburdened state-supported insurance plan. A Morningstar analyst said the state insurance commissioner's reform strategy could have turned it around but now faces new obstacles.

A round up of announcements and actions by California Insurance Commissioner Ricardo Lara and the state's Department of Insurance to assist residents with claims and insurance-related issues.

Gov. Gavin Newsom modeled his latest order on a similar ban imposed in Hawaii following the 2023 Maui wildfire that aimed to protect community wealth.

Los Angeles is bracing for critical wildfire conditions again as dry winds scour Southern California.

There were about 39 funding events in the insurtech sector in December, according to a review by Digital Insurance.

When residents can finally return to see what's left of their homes, filing a claim and understanding the process could be challenging for many.

Californians have paid relatively less for coverage than homeowners in the storm-stricken Midwest and Southeast regions, according to Intercontinental Exchange.

Every state levies unemployment insurance taxes, but rates vary depending upon such factors as the health of the state's UI trust fund.

The California FAIR Plan Association, already vulnerable financially, will likely need an assessment of insurers or policyholders as a rescue measure, according to experts.

When it comes to pricing property risk and assessing the impact of severe weather events, catastrophe models are the backbone of the process.

High winds continue to impede firefighters' progress in the Pacific Palisades and Eaton fires.

Bankers are putting pre-established action plans for disaster recovery into motion as wildfires in Los Angeles sweep across the region.

Insurance carriers are using digital content to support policyholders around natural disasters, according to Keynova Group.

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.

The wildfires add pressure to California's home insurance market, which has faced a growing crisis in recent years.

The top five property and casualty insurance equity deals in the third quarter of 2024 brought in more than $440 million in funding.

A study from J&Y Law ranked jobs based on workplace protections including insurance, unemployment and unionization rates.

The market for cyber breach reinsurance coverage is increasing, and policies are becoming more specialized, according to cyber insurance executives from Guy Carpenter, Aon, Liberty Mutual and Swiss Re.

The top three life and health insurtechs had an average equity deal round amount of more than $148 million in the third quarter of last year.