The firestorms that have been ravaging Los Angeles and Southern California since Tuesday afternoon are nothing short of calamitous. Thanks to dry weather and a burst of high-speed Santa Ana winds—some billowing in at close to 100 miles per hour—brush fires began flaring up across Pacific Palisades,

Six wildfires continue to burn around Los Angeles county as of Friday afternoon local time, with authorities trying to contain the blazes.

More than 35,000 acres have burned so far, and at least 10 deaths have been reported, in one of the most costly fire disasters in California history.

Officials say the two biggest wildfires ravaging the Los Angeles area this week have burned at least 10,000 homes, buildings and other structures

In 2019, the number of homeowners’ policies in California that were not renewed jumped by more than thirty per cent. In 2023, two giant insurers, State Farm and Allstate, announced that they would stop writing new policies for various forms of property insurance in California.

The insurance industry is pushing back against Vice President Kamala Harris suggesting carriers canceled the policies of some California wildfire victims, calling her claims "false."

Insurance companies and rates haven’t kept up with increasingly catastrophic events like the California wildfires or hurricanes that recently hit Florida, Tennessee and North Carolina. It can put