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

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

    California wildfires are now a near-annual crisis. In 2024 alone, over 1 million acres burned across the state, fueled by more than 8,000 wildfires. Since 2017, insured losses have reached $67 ...

  3. California homeowners battle an 'insurance crisis' as ...

    www.aol.com/los-angeles-wildfires-rage...

    The wind-driven wildfires burning out of control in the Los Angeles area couldn't have emerged at a more perilous moment for California's homeowners, as officials try to rehab what they concede is ...

  4. Governor Newsom is banning insurance companies from canceling ...

    www.aol.com/finance/governor-newsom-banning...

    According to LendingTree, more than 10% of all California homeowners lack homeowners insurance. “The high wildfire risk in California has led to insurance companies withdrawing from underwriting ...

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

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    The multiple wildfires raging in California are being described by eyewitnesses as "apocalyptic." AccuWeather estimated $52 billion to $57 billion in damage as of Wednesday afternoon, but state ...

  6. California issues landmark rules to improve home insurance market

    www.aol.com/news/california-issues-landmark...

    The insurance industry argued the change was imperative given global warming's role in a number of wildfires, including in 2017 and 2018 when thousands of homes burned down.

  7. Controversy swirls around California’s failed wildfire ...

    www.aol.com/finance/controversy-swirls-around...

    Due to California's wildfire insurance crisis, homeowners in fire-prone areas are facing increasingly high rates or losing coverage altogether. Don't miss Car insurance premiums in America are ...

  8. January 2025 Southern California wildfires - Wikipedia

    en.wikipedia.org/wiki/January_2025_Southern...

    From January 7 to 31, 2025, a series of 17 destructive wildfires affected the Los Angeles metropolitan area and San Diego County in California, United States. [5]The fires were exacerbated by drought conditions, low humidity, a buildup of vegetation from the previous winter, and hurricane-force Santa Ana winds, which in some places reached 100 miles per hour (160 km/h; 45 m/s).

  9. California will soon require insurers to increase home ... - AOL

    www.aol.com/california-soon-require-insurers...

    The 2018 fire in Paradise, California, killed 85 people and destroyed about 11,000 homes, and some residents have struggled to find home insurance since. Steve Crowder, the town's mayor, lost his ...