Newsom Wants to Speed up Delayed Rule to Make California Homes More Fire Resistant February 10, 2025 By Trân Nguyễn As Los Angeles reels from deadly January wildfires that destroyed thousands of homes, California Gov. Gavin Newsom signed an order...
LA Neighbors See Much Different Post-Wildfire Rebuilding Options Due to Insurance Crisis February 7, 2025 By Sally Ho and Trân Nguyễn Before a wildfire ravaged their street in northwest Altadena, Louise Hamlin and Chris Wilson lived next door to each other...
AM Best: Wildfires Intensifying California’s Property Insurance Troubles February 6, 2025 Wildfires are intensifying the problems in California’s property insurance market, according to a new commentary from AM Best. Those problems...
Inside the LA Fire Cleanup’s Rush to Remove Tons of Toxic Rubble February 6, 2025 By Todd Woody Removing toxic waste from the foothills and coastal canyons where more than 16,000 homes and businesses burned down in the...
Startup Accused of Gouging LA Fire Victims on Rent February 6, 2025 By Robert Burnson and John Gittelsohn A venture capital-backed startup illegally jacked up rents for furnished apartments in Los Angeles — more than 50% in one...
USAA Becomes 3rd Insurer to Report $1B-Plus in Claims So Far for LA Wildfires February 5, 2025 USAA has paid out more than $1 billion for the Los Angeles wildfires, making it the third insurer to report...
State Farm Seeking Interim 22% Rate Hike for Homeowners in Wake of LA Wildfires February 3, 2025 State Farm General said on Monday it is asking the California Department of Insurance to immediately approve interim rate increases,...
Norfolk Southern And East Palestine Announce $22M Settlement in 2023 Derailment January 31, 2025 By Josh Funk East Palestine and Norfolk Southern have announced a $22 million settlement resolving all of the village’s claims arising from the...
Insurer Payouts at $4 Billion and Counting So Far for LA Wildfires January 30, 2025 By Don Jergler Preliminary data show insurance companies have so far paid out more than $4 billion for losses from the biggest two...
Pimco Warns LA City Utility Faces Steep Liabilities After Fires January 30, 2025 By Maxwell Adler The Los Angeles Department of Water and Power is facing the risk of significant financial liability for damages in the...