Chad Comey, who lost his home in the L.A. wildfires, joins “CUOMO” to discuss how his family is coping. Comey says his family has no savings and was dropped by their insurance company. Insurance claims adjuster Rick Tutwiler also joins “CUOMO” to share insight on how families can get financial assistance. #Insurance #Fire #LosAngeles

State Farm is being accused of canceling thousands of fire insurance policies in California right before the massive wildfires. More than 10,000 homes and businesses have been destroyed as multiple wildfires continue to ravage parts of Los Angeles County,

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 Los Angeles wildfires could threaten California’s already unstable insurance market, which carriers have been fleeing as disasters multiply.

The massive fires that have destroyed much of Pacific Palisades and demolished more than 2,000 homes in Los Angeles County threaten an effort to fix California's troubled home insurance market.