Why Did Thousands Lose Insurance Cover Ahead of Los Angeles Fires? | Vantage with Palki Sharma
John
English
College Students
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Summary

Thousands of Los Angeles residents lost insurance coverage before devastating wildfires, leaving many uninsured. Major insurers like State Farm canceled policies due to rising risks from climate change, leading to exorbitant renewal costs. California's new regulations aim to improve coverage access, but many homeowners have already suffered significant losses.

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