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  2. How will the California wildfires shape the home insurance ...

    www.aol.com/california-wildfires-shape-home...

    The 62-year-old emergency room nurse ... "and the insurance people decided to cancel their fire insurance." "So, thank you California insurance companies for supporting residents who pay taxes and ...

  3. This insurance industry expert issues dire warning of ‘ripple ...

    www.aol.com/finance/insurance-industry-expert...

    Homeowners are watching their fire insurance premiums triple — or losing coverage as insurers retreat from the market. Many are forced to rely on the costly California FAIR Plan, the state’s ...

  4. Which insurance companies have the most exposure in California?

    www.aol.com/insurance-companies-most-exposure...

    State Farm had the largest California market share in 2023 with 19.9%, followed by Farmers Insurance with 14.9%, as well as CSAA Insurance Exchange and Liberty Mutual with 6.5% each.

  5. California bars insurers from dropping fire victims until ...

    www.aol.com/california-bars-insurers-dropping...

    Under Lara’s new policy, insurance companies can’t enact non-renewals or cancelations for residents of the areas scorched by the Palisades and Eaton fires until January 7, 2026.

  6. LA fires may spark the end to cheap homeowners’ insurance in ...

    www.aol.com/la-fires-may-spark-end-200410704.html

    Deadly LA fires devastate Southern California as hurricane-force winds fuel flames, 300K residents flee ... Insurance companies dropped 1.72% of Californian homeowners’ policies in 2023 ...

  7. California is in a home-insurance crisis. The Pacific ... - AOL

    www.aol.com/news/california-home-insurance...

    In 2024, the California Department of Forestry and Fire Protection, known as Cal Fire, battled 8,024 wildfires that burned more than 1,000,000 acres of land, and damaged or completely destroyed ...

  8. State Farm wants to hike insurance rates in California ... - AOL

    www.aol.com/state-farm-wants-hike-insurance...

    State Farm Insurance, the largest insurance company in California, is asking regulators for the OK to raise property insurance rates by 22 percent just weeks after fires ripped through Los Angeles ...

  9. California homeowners insurance market tested as fires rage - AOL

    www.aol.com/finance/california-homeowners...

    Insurance is a capital-intensive business with thin profit margins, and many insurers have been hemorrhaging money in California in recent years as wildfires intensify. 2018’s Camp Fire in ...