Thousands of L.A. homeowners do not have insurance amid fires
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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 - 24m -
L.A. homes reduced to ashes amid fires
Tens of thousands in Los Angeles County are living a nightmare scenario as crews battle some of the worst wildfires the area has seen in years. CBS News correspondent Elise Preston reports and Mark ...CBS News - 9h -
L.A. fire chief on whether budget cuts impacted the fire response
Los Angeles Fire Chief Kristin Crowley spoke to "CBS Evening News" anchor and managing editor Norah O'Donnell about whether $17 million in budget cuts hindered the agency's wildfire response.CBS News - 9h -
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 - 15h -
California homeowners battle an 'insurance crisis' as wildfires burn out of control
The wind-driven wildfires burning out of control in the Los Angeles area couldn't have emerged at a more perilous moment for California's homeowners, as officials try to rehab what they concede is ...NBC News - 19h -
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 - 12h -
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 - 14h -
L.A. fire official on new Hollywood Hills blaze
Los Angeles Fire Department spokesperson Margaret Stewart called the fire burning in the Hollywood Hills "very dangerous and explosive." She describes the mandatory evacuation zones and ongoing ...CBS News - 1d -
Los Angeles Fires Force Thousands to Evacuate
Also, Trump suggested expanding the U.S. Here’s the latest at the end of Tuesday.The New York Times - 2d
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Efforts to save animals underway in California amid deadly wildfires
Hundreds of volunteers came together at the Pasadena Humane Society to help save animals displaced by the wildfires ravaging the Los Angeles area. CBS News Los Angeles' Josh Sanders reports on the ...CBS News - 6h -
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