US Insurers Slump as Los Angeles Wildfire Loss Estimates Hit $20 Billion
Analysts are evaluating the financial impact of the disaster, with J.P.Morgan doubling its forecast of insured losses to over $20 billion. Wells Fargo also expects similar insured
Thousands of Los Angeles homeowners were dropped by their insurers before the Palisades Fire
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
Los Angeles fire victims may not have insurance to rebuild
California’s wildfires are devastating the Los Angeles area, but insurance companies previously cut coverage in the state as a result of the increasing likelihood of paying billions in damages each year.
How the Wildfires in the 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 reside
US property and casualty insurers slide as Los Angeles wildfire losses mount
U.S. property and casualty insurance stocks slid in premarket trading on Friday on worries over the billions of dollars in potential catastrophe-related claims from the wildfires menacing Los Angeles,
How the devastating Los Angeles fires could deepen California's home insurance crisis
The massive fires that have destroyed much of Pacific Palisades and demolished more than 2,000 homes in Los Angeles County threaten an effort to fix California's troubled home insurance market.
Tesla recalls more than 239,000 vehicles over rearview camera problem
A faulty rearview camera in some Teslas fails to properly display images, increasing the risk of a crash, traffic regulators ...
What would happen to TikTok if the Supreme Court doesn't intervene?
Arguments at the Supreme Court surrounding TikTok's future in the U.S. could impact the highest court's decision to intervene ...