Month: January 2025

Destruction from the the Eaton Fire near Altadena, one of at least five ongoing wildfires that have already burned more than 10,000 structures across Los Angeles. Videographer: Raul Quezada/AP Photo As the fires rage on, the disaster could upend the Read more…

‘Million Dollar Listing Los Angeles’ star Josh Flagg discusses evacuating Los Angeles amid the flames on ‘The Claman Countdown.’ The state of California’s insurance regulator on Friday announced a one-year moratorium on the cancellation of homeowners insurance policies in areas Read more…

BRYAN, Texas (KBTX) – Just days since wildfires began to rage across the Los Angeles area, 10 people were confirmed dead, and more than 10,000 homes and other buildings have been completely destroyed. Michelle Meyer, director of the Hazard Reduction Read more…

Wildfires left complete devastation for tens of thousands of now-homeless Californians who now have very little clue as to what to do next. An estimated 10,000 structures have burned down, reduced to ash by flames. There’s a growing concern about Read more…

California Insurance Commissioner Ricardo Lara has issued a moratorium that bars insurers from canceling or non-renewing home policies in the Pacific Palisades and the San Gabriel Valley’s Eaton fire zones. The moratorium, issued Thursday, protects homeowners living within the perimeter Read more…

CBS News Los Angeles Live The California insurance commissioner issued a mandatory one-year moratorium on non-renewals and cancellations to protect Southern California residents affected by the recent fires. At a news conference on Friday, Commissioner Ricardo Lara said his primary Read more…

CRMBC CEO and insurance industry expert Kaya Stanley explains how there is no state surplus to cover the catastrophic economic losses associated with the Los Angeles wildfires. The insurance industry is pushing back after Vice President Kamala Harris suggested insurance Read more…

“I think we’re on the edge of a major financial crisis for the insurance industry,” says Daniel Aldrich, director of the university’s Resilience Studies Program and co-director at the Global Resilience Institute. Share this story Copy Link Link Copied! Email Read more…