California seeks $1 billion from insurers to shore up FAIR Plan after LA fires
California Insurance Commissioner Ricardo Lara has requested $1 billion in additional funds from the commission's member insurers to shore up the state-backed FAIR Plan after wildfires ravaged swathes of land in and around Los Angeles last month.
California’s High-Risk Insurer Gets $1 Billion Bailout After L.A. Fires
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying a home insurance crisis.
To Help Pay For LA Fires, California Will Collect $1 Billion From Insurers
California will collect $1 billion in special fees from insurance companies to make sure it can pay out Los Angeles fire claims filed with the Fair Plan, California's insurer of last resort, the state insurance commissioner said.
California's insurer for people without private coverage needs $1 billion more for LA fires claims
California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out claims related to the Los Angeles wildfires, the state Insurance Department said Tuesday.
California homeowners to face new fees to keep fallback insurance plan solvent
After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special charge of $1 billion on homeowners and insurance companies, the first such move in more than three decades.
More than 2 million acres of local land in California designated high or very high fire danger areas
Reflecting intensifying wildfires and updated science, new state maps designate more than 2.3 million acres of local land in ...
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US Army Corps begins clearing tons of fire debris in Los Angeles County
LOS ANGELES (Tribune News Service) — The U.S. Army Corps of Engineers on Tuesday began clearing debris from burned properties in Los Angeles County.
Heavy Rains Could Trigger Mudslides in Fire-Ravaged Southern California
Moisture sweeping down the coast will drench much of California, including areas that burned severely just a month ago.
Breaking: New wildfire reported in Los Angeles County on Feb. 11
A new wildfire was reported today at 9:26 a.m. in Los Angeles County. The wildfire has been burning on private land. At this ...
California man finds 525-pound animal under his home after Los Angeles fires. The bear goes by Barry
A Southern California man returned home after evacuating last month’s devastating Los Angeles-area wildfires to discover an ...
California utility company says its equipment may have sparked a Los Angeles-area wildfire
California utility company Southern California Edison on Thursday said its equipment “may be associated with” the ignition of ...
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Los Angeles Allowed Hillside Homes to Multiply Despite Fiery Past
Since the historic wildfires, some officials have suggested that every rebuilt home have fire-resistant materials and fire ...
Wildfires could cost Los Angeles billions, but the financial fallout is just beginning
LA faces an initial $358 million wildfire recovery bill that is expected to rise with no immediate state or federal aid ...
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Visualizing the Los Angeles wildfires in maps and charts
By Matt Stiles, Sean O'Key, Byron Manley, Lou Robinson, Curt Merrill, Annette Choi, Rachel Wilson, Henrik Pettersson, Amy ...
California tax revenues likely to decline significantly from fire losses, paused payments
California state and local property tax revenues could decline significantly in the short term due to losses in value from ...