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California, Allstate and wildfires
Allstate says California wildfires to bring company $1.1 billion in losses
Allstate said the wildfires blazed through Southern California last month will bring the insurance company a sizable loss – $1.1 billion.
Allstate expects $1.1 billion loss from California fires
Allstate insurance said it expects a $1.1 billion loss from claims caused by the wildfires that swept through Southern California in January
California wildfires will cost insurers billions
The economic toll from the California wildfires is just starting to become clear. Allstate is the latest insurer out with numbers. The insurance company says it will pay out $1.1 billion in insured claims.
California Wildfires: Soaring Insurance Claims Hit $45B
The recent California wildfires have left an unprecedented financial toll on the insurance industry, with projections of $35 to $45 billion in payouts. Allstate alone anticipates $1.1 billion in claims.
2d
on MSN
California's insurance crisis leaves neighbors facing unequal recovery after wildfires
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...
1d
on MSN
California's 'Regulatory Failure' Blamed for Wildfire Insurance Disaster
The California insurance crisis laid bare by the Los Angeles fires was fueled by "regulatory failure," economist Nancy ...
2d
on MSN
State Farm asks for approval to increase California home insurance rates by an average of 22%
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California ...
11h
LA Wildfires Contained—But The Fight For Insurance Payouts Begins
Attorney Steve Mehr, Sweet James Co-Founding Partner says, “If they wrongfully dropped your policy or acted in bad faith, you ...
1d
Tracking Los Angeles Wildfire Insurance Payments: More Than $4 Billion in Claims Paid Out to Victims
The post Tracking Los Angeles Wildfire Insurance Payments: More Than $4 Billion in Claims Paid Out to Victims appeared first ...
The Cool Down on MSN
1d
Insurance commissioner sounds the alarm about ripple effects from California wildfires — here's what it could mean for homeowners across the country
As reinsurance costs rise because of disasters across the country, consumers in places such as Iowa are left to foot the bill ...
HousingWire
9h
Insurance exodus left many properties unprotected from the LA fires
California’s largest private insurer dropped policies in high-risk areas, leaving homes financially unprotected from last ...
Repairer Driven News
1d
California officials defer annual licensure fees, remind insurers of disaster coverage obligations
To help small businesses and workers in Los Angeles and Ventura counties impacted by the ongoing wildfires to recover and ...
2d
After California wildfires, neighbors face unequal recovery due to insurance crisis
Before a wildfire ravaged their Altadena, California street, Louise Hamlin and Chris Wilson were neighbors in nearly ...
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Los Angeles
State Farm
LA wildfires
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