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As fires rage, CA fears home insurance collapse
January 10, 2025
As fires rage, CA fears home insurance collapse

Californians are at risk of losing even more: The Los Angeles area blazes that have killed at least five people and destroyed or damaged more than 2,000 buildings this week are threatening to raze more neighborhoods than insurance providers can handle. The latest. Nearly 200,000 people across 45…

Bay Area agency works to help Southern California fire victims recover
January 9, 2025
Bay Area agency works to help Southern California fire victims recover

A Bay Area-based agency is stepping up to help those impacted by the deadly and destructive Southern California wildfires. After the Fire USA, based in Sonoma, is already getting to work in the Los Angeles area. CEO Jennifer Gray Thompson said the nonprofit group works…

How the wildfires in Los Angeles area could affect California’s home insurance market
January 9, 2025
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. The wind-driven blazes that started Tuesday roared through neighborhoods…

Los Angeles Fires Burn Down Thousands Of Homes: Here Is How You Can Claim Insurance
January 9, 2025
Los Angeles Fires Burn Down Thousands Of Homes: Here Is How You Can Claim Insurance

Multiple wildfires have been ravaging Los Angeles County since Tuesday, resulting in at least five deaths and thousands of residents being displaced. Authorities called for more mass evacuations on Wednesday after hundreds of structures were destroyed. Now, locals are seeking insurance for their property loss.…

How the devastating Los Angeles fires could deepen California’s home insurance crisis
January 9, 2025
How the devastating Los Angeles fires could deepen California’s home insurance crisis

The fires across Los Angeles County are likely to be one of the most expensive natural disasters in U.S. history, with losses estimated at $50 billion or more. The losses threatened to deepen a crisis that has already left hundreds of thousands of Californians struggling to…

Tools for recovering insurance after wildfires
January 9, 2025
Tools for recovering insurance after wildfires

Amy Bach, executive director of the nonprofit United Policyholders, joined us to discuss how she and her team provide tools and resources for navigating insurance after disasters, such as devastating wildfires. For more information, visit UPHelp.org. This segment aired on the KTLA 5 Morning News…

Los Angeles wildfires rage as California homeowners battle an ‘insurance crisis’
January 9, 2025
Los Angeles wildfires rage as California homeowners battle an ‘insurance crisis’

Analysts estimate the insured losses in Pacific Palisades alone could approach $10 billion, squeezing insurance companies at a time when some have been pulling back policies. The wind-driven wildfires burning out of control in the Los Angeles area couldn’t have emerged at a more perilous…

California had a home insurance crisis before the LA fires. It’s only going to get worse.
January 9, 2025
California had a home insurance crisis before the LA fires. It’s only going to get worse.

As firefighters race to control roaring blazes that have forced thousands to flee their homes, the mounting financial toll from the most destructive firestorm in Los Angeles history could deal a devastating blow to the property insurance market and the California homeowners who rely on…

If you lost your home or business in the wildfires, here’s what to do next
January 8, 2025
If you lost your home or business in the wildfires, here’s what to do next

With thousands of structures destroyed by wildfires that continue to rage out of control around Los Angeles, homeowners and business owners face a long road ahead to recoup their losses. Filing an insurance claim is one of the many tasks to take care of after…

ReCoverCA Owner-Occupied Mitigation (OOM) Grant
January 23, 2024
ReCoverCA Owner-Occupied Mitigation (OOM) Grant

Grant Alert:  ReCoverCA Owner-Occupied Mitigation (OOM) Grant: Open Learn more here: https://www.fire.ca.gov/what-we-do/grants/wildfire-prevention-grants (Scroll down to OOM Grant) 2020 Eligible Counties Include: Butte, Santa Cruz, Solano, Fresno, Los Angeles, Napa, Shasta, Siskiyou, and Sonoma counties. Thank you Brittany Halfhide, ReCoverCA, for sharing this opportunity with our WRAP…

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