Tag: Los Angeles Area wildfires
California's insurer for people without private coverage needs $1 billion more for LA fires claims
SACRAMENTO, Calif. -- California’s plan that provides insurance to homeowners who can’t get private coverage needs $1 billion more to pay out claims...
Utility says equipment likely started small blaze that erupted during LA firestorm
LOS ANGELES -- A California utility said Thursday that its equipment likely sparked a wildfire in Los Angeles that broke out the same...
California's insurance crisis leaves neighbors facing unequal recovery after wildfires
SACRAMENTO, Calif. -- Before a wildfire ravaged their street in northwest Altadena, Louise Hamlin and Chris Wilson lived next door to each other...
LA wildfires highlight nation's insurance crisis as homeowners try to recover lost homes
The nation’s growing home insurance crisis is in the spotlight as Californians begin the long road to rebuilding after the deadly Eaton and...
US economic losses from natural disasters soared in 2024, even as they eased globally
Economic losses from hurricanes and other natural disasters soared in the U.S. last year and were above average globally, reflecting another year of...
A battery plant fire in California started during a boom for energy storage
AUSTIN, Texas -- A fire at one of the world’s largest battery plants in Northern California contained tens of thousands of lithium batteries...