California is the US state most affected by wildfires as of 2023, according to the National Interagency Coordination Center.
Between 2020 and 2022, insurance companies declined to renew 2. 8 million homeowner policies in the state, including 531,000 in L.A. County.
More than 29,000 acres have burned so far — and at least 10 deaths have been reported as of 9 p.m. local time on Thursday.
The Palisades fire is the worst in Los Angeles city history. Some utility and insurance stocks are starting to react.
LA wildfire is just ravaging more and more, with losses touching sky limits. Read on and learn about the losses that the region had to face.
LA fires threaten to hike insurance premiums, challenging California's new market rules as homeowners brace for rising costs and growing wildfire risks.