Lara’s plan enacts an insurance industry wishlist to reduce scrutiny of rates, make homeowners across the state bail out insurers for potential billions in FAIR Plan losses, and charge consumers for the cost of insurance that insurers buy in the global, unregulated reinsurance market.

The fires that ravaged residential areas in Los Angeles County, which likely began with the eruption of the Palisades fire on January 7 due to strong Santa Ana wind events, have killed at least twenty-five people,

A Los Angeles Times report on three of the largest home insurance companies in California and found that affiliates of Farmers Insurance, based in Los Angeles, denied approximately 50 percent of its claims, according to the survey.

Insurance companies are expected to face significant losses due to the wildfires in Southern California, though a report by Wells Fargo expects those will be "manageable."

In the wake of the Los Angeles-area wildfires, some U.S. residents seek safety from climate-related calamities.

Insurance companies have a surplus to help pay out claims, but that doesn't mean an insurer will be available in your state.