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Expert shares how insurance holders nationwide could be impacted by Cali wildfires
5:22
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Fox BusinessEric Revell
California fire victims are struggling without adequate means to cover their losses after many insurers pulled out of the market and chose not to renew thousands of home insurance policies in disaster-prone areas. #California #wildfire #insuranceclaims #insurance #LosAngeles #US #LosAngeles #californiawildfire #cnbctv18digital | CNBC-TV18
1:29
California fire victims are struggling without adequate means to cover their losses after many insurers pulled out of the market and chose not to renew thousands of home insurance policies in disaster-prone areas. #California #wildfire #insuranceclaims #insurance #LosAngeles #US #LosAngeles #californiawildfire #cnbctv18digital | CNBC-TV18
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The wildfires that devastated Southern California communities exposed a national insurance crisis as many of the homes were uninsured or underinsured. Nationally, 12% of American homeowners don't have home insurance and many have dropped their coverage because of the soaring premiums. | CBS Evening News
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Los Angeles Times on Instagram: "The California insurance commissioner’s delays in addressing the broken insurance market and the actions he would eventually take to address it exacerbated what is now a crisis of affordable property insurance for many consumers, according to a Times examination of insurance company filings, state agency communications and data and interviews with industry experts and consumer advocates. Lara defended his track record and framed the state's insurance problems aro
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