Latest in Wildfires Thrust Insurance
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California Wildfires Lay Bare an Insurance Crisis
Even before the latest blazes, California officials warned that an emergency state insurance fund was in trouble, while private insurers dropped coverage.The New York Times - Jan. 10 -
L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.
Allstate, Chubb and Travelers are likely to be the publicly traded insurance carriers most affected, as they are the most exposed to the California homeowners’ market.MarketWatch - Jan. 10 -
WATCH: Insurance expert on how to prepare for insurance claims amid California fires
ABC News’ Linsey Davis speaks with insurance broker Karl Susman about the difficulty of insuring homes and making fire claims in California as residents begin to survey the damage left by the fire.ABC News - Jan. 9 -
Thousands of L.A. homeowners do not have insurance amid fires
Thousands of Los Angeles homeowners do not have home insurance. Several private insurers in California have either raised prices or completely removed their coverage in at-risk areas. Business ...CBS News - Jan. 9 -
Wildfire emergency relief efforts underway
Southern California wildfires have killed at least 5 people, forced tens of thousands to evacuate and burned several thousand structures. CBS News correspondent Tom Hanson reports on an emergency ...CBS News - Jan. 9 -
What Californians should know about filing insurance claims after fire
For those who have it, a standard homeowners' insurance policy does cover destruction caused by fire, including wildfires.CBS News - Jan. 9 -
See how large the California wildfires are
See how large the wildfires have become. The Palisades Fire is already larger than the land size of Providence, Rhode Island.NBC News - Jan. 9 -
How to donate to LA wildfire relief
A swarm of winter wildfires ravaged America's most heavily-populated county to start 2025, scorching cars, banks, bungalows and multi-million dollar mansions.The Hill - Jan. 9 -
Before the Palisades Fire, many of those homeowners had lost insurance
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.CBS News - Jan. 9 -
The Los Angeles Fires Will Put California’s New Insurance Rules to the Test
The state’s insurance industry was reformed in late 2024 to promote coverage in disaster-prone areas. Tens of billions in fire damage will stress-test the new regime.Wired - Jan. 9 -
Insurers brace for losses of up to $20bn from California wildfires
JPMorgan analysts double estimates as blazes continue to rageFinancial Times - Jan. 9 -
MAGA Is Blaming DEI for the California Wildfires
Rather than months without rain or the effects of climate change, figures like Elon Musk and Donald Trump Jr. are pointing to a familiar scapegoat as entire neighborhoods burn.Wired - Jan. 9 -
What is the 'ember cast' of the LA wildfires?
An ember cast occurs when heavy winds carry embers downwind to a new area where spot fires can be ignited.The Hill - Jan. 9 -
WATCH: Wildfire scientist on cause of Southern California wildfires
Wildfire scientist and fire ecologist Chad Hanson discusses the factors that led to the historic and devastating Southern California wildfires and how climate change played a role.ABC News - Jan. 8 -
How to help victims of LA wildfires
The Red Cross Cross and Salvation Army are already mobilizing to help victims.The Hill - Jan. 8 -
How bad is the California wildfire smoke for health?
Tens of thousands of people are evacuating Los Angeles as wildfires blaze across the region, emitting dangerous smoke. Here's how it impacts health.CBS News - Jan. 8 -
What we know about the wildfires in California
The Palisades Fire, the Eaton Fire, the Hurst Fire and the Woodley Fire are raging in Los Angeles County and thousands of California residents were forced to evacuate. Ryan Hill, a general manager ...CBS News - Jan. 8 -
Trump blames Newsom for deadly California wildfires
President-elect Donald Trump is blaming California Gov. Gavin Newsom for the wildfires that are spreading in parts of Los Angeles County. CBS News' Caitlin Huey-Burns reports.CBS News - Jan. 8 -
Eaton Fire turns deadly as wildfires spread in California
Officials say at least two people died in the Eaton Fire and they expect the number of deaths to grow as firefighters battle at least five blazes in California. Structures continue to burn as those ...CBS News - Jan. 8 -
Los Angeles fire official on multiple wildfires burning
Capt. Sheila Kelliher of the Los Angeles County Fire Department joins "CBS Mornings" to talk about the latest in battling multiple wildfires in the area.CBS News - Jan. 8 -
2 dead, multiple 'significant injuries' in LA wildfires
Two people are dead and several other individuals have suffered from “significant injuries” due to the Eaton Fire spreading in Los Angeles County, according to authorities. L.A. County Fire Chief ...The Hill - Jan. 8 -
Latest weather forecast as massive California wildfires spread
The strong winds fueling the wildfires in Los Angeles County spread quickly and led to thousands of evacuations. CBS News Los Angeles teams break down how the fires took over, and CBS News Bay Area ...CBS News - Jan. 8 -
Trump blames Newsom for California's raging wildfires
President-elect Trump blamed California Gov. Gavin Newsom (D) for the massive wildfires that are blazing through the Los Angeles area, arguing he should have signed a declaration to pump more water ...The Hill - Jan. 8 -
Redick says family evacuated due to L.A. wildfires
Lakers coach JJ Redick called attention to the wildfires in the Pacific Palisades, saying his family was among those forced to evacuate.ESPN - Jan. 8 -
Can Americans end our abusive relationship with private health insurance?
What we mainly fear is that “breaking up” with the current private insurance model would be even worseThe Hill - Jan. 8 -
Wildfires in Southern California
Plus, we explain why Facebook is getting rid of fact-checking.The New York Times - Jan. 8 -
What led to the wildfire that is engulfing the Pacific Palisades?
The Palisades Fire has forced thousands of people to evacuate from the Pacific Palisades neighborhood of Los Angeles and has caused catastrophic damage. NBC News’ Jacob Soboroff, born and raised in ...NBC News - Jan. 8 -
Evacuee describes Los Angeles wildfires
Sue Kohl, an evacuee of the Palisades Fire, joined CBS News Los Angeles to describe the fire and what she saw as she escaped for safety.CBS News - Jan. 8 -
What are Santa Ana winds and how are they fuelling the wildfires?
What's behind the Santa Ana winds and why are they so destructive?BBC News - Jan. 8 -
LA official on California wildfires: This is a public safety emergency
Los Angeles councilmember, Traci Park, who represents one of the areas under siege from the intense wildfires, joins TODAY to share an update and break down what people should know about the ...NBC News - Jan. 8 -
Bank of England to relax rules for banks and insurers
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulationFinancial Times - Jan. 8 -
FirstFT: California declares state of emergency as wildfires rage
Also in today’s newsletter, Facebook ends third-party fact-checking, and analysts turn on Citi’s chief executiveFinancial Times - Jan. 8 -
Watch: Timelapse shows rapid spread of Palisades wildfire
A plume of smoke is seen billowing over Los Angeles in a video charting the wildfire's growth.BBC News - Jan. 8 -
Pacific Palisades Evacuees Describe Escape From Wildfire
Cars clogged scenic Sunset Boulevard and headed away from the Palisades, a seaside neighborhood on the west side of Los Angeles.The New York Times - Jan. 8 -
KNBC coverage of L.A. wildfires, driven by powerful winds
Watch live KNBC coverage as multiple wildfires are engulfing the Los Angeles area, prompting mandatory evacuations and leaving millions of people under red flag warnings.NBC News - Jan. 7 -
Dangerous winds fueling California wildfires
NBC News' Chase Cain reports on the heavy smoke seen over Pacific Palisades, Calif., while meteorologist Bill Karins details the path of the strong winds.NBC News - Jan. 7 -
Insurers limit coverage of prosthetic limbs, questioning medical need
Only 30% of beneficiaries who lost a limb in 2016 received a prosthesis within three years, a report found.CBS News - Jan. 6 -
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.CBS News - Jan. 3 -
Millions of children lost health insurance in Medicaid shake-up
Children were among the millions of people who lost Medicaid coverage after the government required states to reevaluate every recipient's eligibility. Some have been able to get benefits back, but ...NBC News - Dec. 31