Wildfire damage tops $50 billion | NewsNation Now
January 9, 2025
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3:15Now PlayingWildfire damage tops $50 billion | NewsNation Now
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as posted by the channelThe fires raging in the LA area could lead to an insurance crisis. Many California residents have already lost fire insurance after insurers dropped policies in the state after paid-out claims far surpassed premiums paid in. Some insurers have said they would come back but only if there were regulatory changes.
#LAFires #PalisadesFire #insurance
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