Major insurance company canceled policies in Pacific Palisades months ago: Report
FOX Business' Cheryl Casone joined 'Fox & Friends First' to discuss the insurance crisis in California as wildfires devastate Los Angeles and the broader concerns about the industry moving forward.
State Farm canceled California homeowners’ insurance policies months before wildfires
The insurance company canceled thousands of California homeowners' insurance policies last year in an attempt to avoid "financial failure."
Are California Wildfires Covered by Insurance? What To Know
The fires in Southern California are expected to cause devastating losses to residents—many of whom have had their insurance policies canceled last year.
LA fires could break California's insurance market
Wednesday's firestorm in a wealthy area of Los Angeles could be the final straw that breaks California's insurance market. The state's insurance market has been teetering on the edge of insolvency for years thanks to catastrophic wildfires that have driven many insurers to stop writing new policies and drop existing ones.
Los Angeles fires spark fears California home insurance prices could spike
The Los Angeles County fires are now raising concerns about what's next: Could there be another explosion in California home insurance policy costs?
These California Insurers Cut Policies Before Devastating Wildfires
Several California insurers have cut policies in wildfire-prone areas of the state in recent years, leaving homeowners scrambling for options.
Insurers dropped fire coverage for California homes months ago. Now, wildfires are claiming more houses in Los Angeles.
Some insurers have scaled back their coverage in California because of wildfires over the past few years, creating a challenge for rebuilding.
Experts break down how the Palisades fire will worsen California's insurance crisis
This week's fires will only worsen the situation, insurance and real estate experts told Business Insider. "It's like we took ...
Wildfires Intensify Pivotal Moment for Insurance Industry
With over 13,000 homes at risk, the losses from the Los Angeles wildfires could approach $10 billion, according to ...
Lloyd’s CEO Explains Why Insurance ‘Matters’ Again
John Neal joins In the City to discuss the difficulty of using artificial intelligence and how climate change is impacting ...
California Was Already in a Home-Insurance Crisis Before the Los Angeles Infernos
Industry officials warn of widespread economic damage on par with some of the biggest fire disasters in recent memory.
Here's how to save on car insurance, as rates continue to rise
The cost of car insurance increased substantially in 2024, and premiums are set to rise for the seventh straight year. "The ...
Insurance proposal in Democrat-run state falls short as wildfires rage
California's proposed legislation to increase wildfire insurance coverage and cut customer costs came days too late, as the Palisades Fire continues to burn.
The Path Forward For The Health Insurance Industry
A path forward for the U.S. health insurance industry following the mixed public reaction to United Healthgroup CEO Brian ...
5 ways seniors can lower their long-term care insurance costs in 2025
With these strategies, you can save on long-term care insurance costs while maintaining the coverage you need.
How to switch car insurance companies: 5 simple steps — and why it pays to shop around
With average car insurance rates soaring, it's an ideal time to shop around for a new auto policy. Our step-by-step guide ...
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L.A. fires put stress on an already troubled insurance industry
The devastating wildfires raging through Los Angeles are re-opening the debate about how to model and manage risk for the ...