How the fires will change CA’s insurance industry
How the fires will change CA’s insurance industry

From what to do if your home burned, to what to expect on your next insurance bill even if it didn’t, a consumer advocate answers urgent coverage questions. Credits Guest: Amy Bach – founder and executive director of United Policyholders Host: Madeleine Brand Producers: Sarah…
Some L.A. fire victims are not getting claims advances as required by law, state says
Some L.A. fire victims are not getting claims advances as required by law, state says

Some policyholders who lost their homes in the Los Angeles fires are not getting claims advances that are due to them, Insurance Commissioner Ricardo Lara alleged Thursday. In response, Lara issued a bulletin reminding all California insurers that the law requires victims who have suffered…
Commissioner Lara orders insurance companies to provide advance payments on claims to speed recovery for wildfire survivors
Commissioner Lara orders insurance companies to provide advance payments on claims to speed recovery for wildfire survivors

For Release: January 23, 2025 Media Calls Only: 916-492-3566 Email Inquiries: cdipress@insurance.ca.gov   Commissioner Lara orders insurance companies to provide advance payments on claims to speed recovery for wildfire survivors Bulletin includes additional actions insurers must take to aid policyholders’ LOS ANGELES — Insurance Commissioner Ricardo…
Some LA fire victims are not getting claims advances as required by law, state says
Some LA fire victims are not getting claims advances as required by law, state says

Some policyholders who lost their homes in the Los Angeles fires are not getting claims advances that are due to them, Insurance Commissioner Richard Lara alleged Thursday. In response, Lara issued a bulletin reminding all California insurers that the law requires victims who have suffered…
Why all California homeowners could be on the hook for LA County wildfire costs
Why all California homeowners could be on the hook for LA County wildfire costs

Insurance providers could charge policyholders a “supplemental fee” if the state’s insurer of last resort runs out of money. Once debris from the Los Angeles County wildfires is cleared and rebuilding begins, attention will likely shift to the financial health of a small, but growing…
Insurers’ values determine claims denials more than AI
Insurers’ values determine claims denials more than AI

Using AI to deny property and casualty insurance claims or settle them for less may not be clear cut, and could be done by analyzing other aspects of a claim, like the claimant’s personal finances. “From the advent of things like data mining, AI, risk…
L.A. Fires Revive Trauma For Homeowners Battling Insurance Claims
L.A. Fires Revive Trauma For Homeowners Battling Insurance Claims

Annie Compton had just put her two young daughters to bed when she heard pounding on the front door. “You gotta get out, you gotta get out now,” her neighbor said. Compton abandoned the lunches she was preparing for the next day, grabbed some documents…
Disaster prep: How to know if you’re underinsured
Disaster prep: How to know if you’re underinsured

The Los Angeles area wildfires have devastated entire communities and those who are planning to rebuild could be in for an unwelcome surprise, finding their insurance coverage isn’t enough to cover the full cost of their claim. It’s a widespread problem known as underinsurance and…
Climate change, extreme weather are driving up homeowners’ insurance rates in Chicago and beyond
Climate change, extreme weather are driving up homeowners’ insurance rates in Chicago and beyond

Allstate customers in Illinois could see their homeowners’ policies go up more than 14% in a few months. Allstate representatives said these increases in the Chicago area are not specifically related to the wildfires in California — a subject for which concerns about insurance claims…
Affected by the Wildfires in Southern California? You Might be Safe From Home Insurance Cancellations Through 2026
Affected by the Wildfires in Southern California? You Might be Safe From Home Insurance Cancellations Through 2026

The ongoing wildfires in Southern California have upended countless lives, devastating local communities, erasing cherished historical landmarks, and sending thousands of residents into shelters to await news on whether it’s safe to return home again—if their home even still exists. AccuWeather estimated that the damage…
Home insurance was already hard to get. Then came L.A.’s fires. Here’s what San Diegans need to know.
Home insurance was already hard to get. Then came L.A.’s fires. Here’s what San Diegans need to know.

Amid expected fire losses in the billions of dollars, here’s a primer on how to navigate the San Diego County insurance market and new regulations aimed at keeping carriers from leaving. Read more
El seguro para casas ya era difícil de conseguir y ahora más con los incendios: Qué pasa y qué debes saber
El seguro para casas ya era difícil de conseguir y ahora más con los incendios: Qué pasa y qué debes saber

Ante las pérdidas por incendios que se esperan en los miles de millones de dólares, aquí tienes una guía sobre cómo navegar por el mercado de seguros del condado de San Diego y las nuevas regulaciones diseñadas para evitar que las aseguradoras se retiren. David…
California Overhauled Its Insurance System. Then Los Angeles Caught Fire.
California Overhauled Its Insurance System. Then Los Angeles Caught Fire.

The fires could cause more than $20 billion in damages, further straining the state’s fragile insurance market. On Tuesday, after a ferocious Santa Ana windstorm blew through Southern California, a severe brush fire broke out in the wealthy Pacific Palisades neighborhood of Los Angeles, forcing…
Paralyzed by heaps of post-fire paperwork? Here are 8 tips to get started
Paralyzed by heaps of post-fire paperwork? Here are 8 tips to get started

Wildfire victims face heaps of bureaucratic paperwork, including insurance claims, loan applications and requests for FEMA assistance. Completing such forms can be time-consuming and overwhelming. We spoke to psychologists and insurance experts for tips on how to get through it. With containment of the Palisades…
Advocates: Document Fire Damage in Home Fires
Advocates: Document Fire Damage in Home Fires

The total damage from the Los Angeles wildfires is not yet known, but J.P. Morgan said Jan. 8 it expected the insurance losses … Read Article
How Will L.A. Rebuild? The Recovery From the Wine Country Fire Offers Clues.
How Will L.A. Rebuild? The Recovery From the Wine Country Fire Offers Clues.

The Tubbs fire in 2017 wiped out more than 5,000 structures in a Northern California county. Homeowners faced challenges, but hundreds were able to rebuild within two years. Donna and Bob Williamson call the strange souvenirs pulled from the ashes of their home their Museum…
Higher Rates, Few Options for Home Insurance
Higher Rates, Few Options for Home Insurance

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… Read Article
Home insurance was already hard to get. Then came L.A.’s fires. Here’s what the data show, and what else to know.
Home insurance was already hard to get. Then came L.A.’s fires. Here’s what the data show, and what else to know.

David and Peggy Blue were dumbfounded when they were notified last month that their home insurance would not be renewed because of a tall sycamore tree that overhangs their Altadena house. Their appeals for reconsideration were fruitless, leading the former San Diegans on a nerve-racking…