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Fire insurance renewal mandate worries insurers, experts

Fire insurance renewal mandate worries insurers, experts

By Chris Reed California Insurance Commissioner Ricardo Lara’s recent decision to put a one-year moratorium on insurance companies refusing to renew policies on homes in areas adjacent to recent devastating wildfires has garnered widely mixed reaction. Lara’s decision ensures roughly 800,000 homeowners can have policies renewed. It’s allowed under Senate Bill 824, which Lara shepherded […]

21 years ago—Northridge earthquake: photos and memories from that fateful day

21 years ago—Northridge earthquake: photos and memories from that fateful day

By Celeste Greig Monday, January 17, 1994 the San Fernando Valley, along with several other cities and nearby counties, woke up at 4:35 AM to a brutal, and as it proved, deadly 6.7 magnitude earthquake.  The epicenter was in Reseda, but most of the 59 people who died, and the majority of damaged buildings, hospitals, […]