Los Angeles, California
East Bay Times · 30m
What the Los Angeles fires might mean for the Bay Area home insurance market
Many who lost homes in the L.A. infernos were likely on the plan. According to a Bay Area News Group analysis of FAIR Plan data, there are more than 26,000 FAIR Plan properties in ZIP codes impacted by the fires across Los Angeles County.
The Boston Globe · 2h
Los Angeles wildfire costs double to $20 billion overnight for insurers
The potential cost for insurers of the devastation caus Los Angeles wildfires is now expected to surpass $20 billion, according to analysts at JPMorgan Chase & Co., doubling their estimate from just a day before.
MarketWatch · 1h
Los Angeles fires could push up rents across the city by 8% or more, expert warns
While the fires have struck areas where some homes are worth many millions of dollars, the potential rise in rents in Los Angeles could also spill over into other less pricey neighborhoods, worsening costs in an already expensive city.
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