Pacific Palisades fire may spell an end to cheap homeowners insurance in California

Show Business and Finance Publications

Sat, January 11, 2025

[ Sat, Jan 11th 2025 ]: businessday

Here are what to expect from consumer goods firms in 2025

[ Sat, Jan 11th 2025 ]: Reuters

Bankers hope for IPO revival in 2025 as high-profile listings stack up

[ Sat, Jan 11th 2025 ]: Investopedia

If You're One of the 4.1 Million People Retiring in 2025, Open a CD Before Rates Decrease

[ Sat, Jan 11th 2025 ]: ABC

China and UK restart economic and financial talks after 6-year hiatus

[ Sat, Jan 11th 2025 ]: MSN

Facing market pain, UK's Reeves says 'pragmatic' China ties will help growth

[ Sat, Jan 11th 2025 ]: Newsweek

US Companies Pay Over $1 Billion in Taxes to Russia Amid Ongoing Ukraine War

[ Sat, Jan 11th 2025 ]: timesnownews

Top Fixed Deposit Schemes For 2025: Top FD Offers From SBI, IDBI, Indian Bank, And More

[ Sat, Jan 11th 2025 ]: MSN

January 11, 2025, Birthday Forecast: A promising year of prosperity and stability

[ Sat, Jan 11th 2025 ]: MSN

Former Democratic Chief Counsel Defends Trump, Slams 'Politicized' Justice Under Biden Admin

Fri, January 10, 2025

[ Fri, Jan 10th 2025 ]: AOL

Can Carlyle catch up? Storied PE firm tries to reclaim its former glory

[ Fri, Jan 10th 2025 ]: WTEN

SUNY Empire launching online business program fully in Spanish

[ Fri, Jan 10th 2025 ]: cnbctv18

What is self-assessment tax and how to pay it online: A step-by-step guide

[ Fri, Jan 10th 2025 ]: MoneyWeek

Fund flows flip positive after Budget and US election

[ Fri, Jan 10th 2025 ]: Yahoo

The 20 best small cities in the US

[ Fri, Jan 10th 2025 ]: AOL

How to pick a stock: 5 essential steps for beginners

[ Fri, Jan 10th 2025 ]: Yahoo

Donald Trump avoids jail in Stormy Daniels hush money trial

[ Fri, Jan 10th 2025 ]: Kiplinger

TikTok Ban: U.S. Supreme Court to Make Key Decision on Free Speech

[ Fri, Jan 10th 2025 ]: MSN

Aries Daily Horoscope Today (Mar 21 - April 19), January 10, 2025: You will move ahead with ease!

[ Fri, Jan 10th 2025 ]: cnbctv18

What is self-assessment tax and how to pay online: A step-by-step guide

[ Fri, Jan 10th 2025 ]: Goodreturns

1:2 Stock Split of Auto Stock: 31st January Record Date; Top Pick For 2025?

[ Fri, Jan 10th 2025 ]: MSN

AI agents are here. Here's how AI startup Cohere .. loying them for consultants and other businesses.

[ Fri, Jan 10th 2025 ]: Newsday

NYS expands free tax filing option to include residents making up to $200,000

[ Fri, Jan 10th 2025 ]: MSN

Pacific Palisades fire may spell an end to cheap homeowners insurance in California

[ Fri, Jan 10th 2025 ]: Reuters

Tesla launches revamped Model Y in China, seeking to fend off rivals

[ Fri, Jan 10th 2025 ]: Reuters

UK discount retailer B&M narrows annual core profit forecast

[ Fri, Jan 10th 2025 ]: Reuters

UK consumer confidence falters after Christmas splurge

Thu, January 9, 2025

[ Thu, Jan 09th 2025 ]: cnbctv18

RenewBuy launches Smart Term Plan for working professionals and small business owners

[ Thu, Jan 09th 2025 ]: ABC

Los Angeles Mayor Karen Bass pushes back against criticism over management of wildfires

[ Thu, Jan 09th 2025 ]: AOL

Truist Securities Starts 4 Top Dividend-Paying Financials With Buy Ratings

[ Thu, Jan 09th 2025 ]: Forbes

A Leader's Guide To Navigating Meta's Deregulation Announcement

[ Thu, Jan 09th 2025 ]: Kiplinger

California Fires: How to Recover Your Important Records

[ Thu, Jan 09th 2025 ]: CNET

Traveling This Winter? Here's How to Get TSA PreCheck for Free

[ Thu, Jan 09th 2025 ]: AOL

When you will earn miles on a flight and when you won't

[ Thu, Jan 09th 2025 ]: AOL

Higher egg prices may extend far into 2025, and egg producers like Cal-Maine could benefit

[ Thu, Jan 09th 2025 ]: Techopedia

Big Tech Stock Predictions for 2025: Winners & Losers

[ Thu, Jan 09th 2025 ]: Observer

An American Sovereign Wealth Fund Could Be the Missing Piece in Supporting Working Families

[ Thu, Jan 09th 2025 ]: cnbctv18

[ Thu, Jan 09th 2025 ]: Forbes

New CFPB Rule Keeps Medical Debt Off Credit Reports: What You Need to Know

[ Thu, Jan 09th 2025 ]: Forbes

How AI Is Dialing Up Efficiency And Value In The Telecom Industry

[ Thu, Jan 09th 2025 ]: cnbctv18

What are the different types of income that are taxable in India

[ Thu, Jan 09th 2025 ]: Reuters

EBRD investments rise to record 16.6 bln euro in 2024

[ Thu, Jan 09th 2025 ]: Reuters

Oil prices extend losses on rising U.S. fuel inventories

[ Thu, Jan 09th 2025 ]: Reuters

Shein aims for London IPO by mid-year, sources say

[ Thu, Jan 09th 2025 ]: CoinDesk

XRP May Surge 40% as 'Trump Effect' Boosts Ripple Sentiment

[ Thu, Jan 09th 2025 ]: MSN

TVS Motor, PNB Housing, Radico Khaitan, JSPL, amo .. h potential to double in three years: DAM Capital

[ Thu, Jan 09th 2025 ]: Tuko

Donald Kipkorir Sparks Reactions After Asking Govt to Print Money to Finance Public Expenditure

[ Thu, Jan 09th 2025 ]: MSN

Budget 2025 income tax: Hike basic exemption limit to Rs 5 lakh and reduce tax rates, says EY

[ Thu, Jan 09th 2025 ]: MSN

Indonesia is a 'hotspot' for Chinese companies in logistics, supply chain, SF group says

Pacific Palisades fire may spell an end to cheap homeowners insurance in California

//business-finance.news-articles.net/content/202 .. to-cheap-homeowners-insurance-in-california.html

Published in Business and Finance on Friday, January 10th 2025 at 4:40 GMT by MSN

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source

By Andy Sullivan The Pacific Palisades area ravaged by wildfires in Los Angeles is one of the most expensive neighborhoods in the U.S., home to Hollywood A-Listers and multimillion dollar mansions. And ahead of this week's disaster,

2025-01-10 195 x 130 / 4380 Bytes

The article from MSN discusses the increasing challenges and costs associated with homeowners insurance in California, particularly highlighted by the recent Pacific Palisades fire. This fire, which destroyed several multimillion-dollar homes, has intensified the debate over insurance rates in the state. Insurance companies are facing significant financial strain due to the rising frequency and severity of wildfires, leading to higher premiums or insurers pulling out of the market altogether. The article notes that the cost of rebuilding has surged due to inflation, supply chain issues, and labor shortages, pushing insurance companies to reassess their risk models. This situation has led to a potential end of "cheap" homeowners insurance as insurers seek to cover their increased costs, with some residents now facing premiums that are unaffordable or being forced into the FAIR Plan, California's insurer of last resort, which offers basic fire insurance at higher rates. The piece also touches on legislative efforts to address these issues, but solutions remain elusive as the state grapples with balancing homeowner affordability with insurer solvency.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/pacific-palisades-fire-may-spell-an-end-to-cheap-homeowners-insurance-in-california/ar-BB1rbDJW ]