LA wildfires point to a long list of failures by California authorities

Los Angeles continues to be engulfed in flames, with numerous wildfires burning across the city. As the destruction grows, more and more information about failures by California authorities continues to surface. First, Los Angeles' fire chief is a woman named Christine Crowley, who is being touted as the city's first female LGBTQ fire chief. “This […]

JPMorgan estimates insured losses in California wildfires could top $20B

San Diego County Supervisor Jim Desmond talks about how California's policies are impacting residents as wildfires go unchecked. A new analysis from JPMorgan estimates that the overall economic and insurance losses caused by the deadly wildfires that have hit Southern California are likely to be the highest in the state's history. JPMorgan insurance analysts released […]

LA fires may spark end to cheap California homeowners’ insurance

The wildfire-ravaged Pacific Palisades neighborhood of Los Angeles is one of the most exclusive areas in the United States, home to Hollywood A-listers and multimillion-dollar mansions. And ahead of this week's disaster, the company had some of the most affordable insurance costs in the country, according to a Reuters analysis of insurance and real estate […]

LA fires could wreak $50B in damages — most expensive in California history

The devastating fires that swept across Los Angeles could cause more than $50 billion in damage, making it the costliest in the state's history, according to the report. Five wildfires are currently ravaging Santa Monica, Malibu, and other parts of Los Angeles County, home to some of the most expensive real estate in the nation, […]