“Thousands of homes burned to the ground in the recent wildfires in Los Angeles which will likely become the most expensive natural disaster in US history.
Many victims did not have insurance, because they couldn’t afford California’s increasingly expensive policies or because they were dropped by their insurer.”
https://www.bbc.co.uk/programmes/w3ct5z7q
The phrases to remember: Bizdaily 3 Feb 2025 California insurance crisis
