The once hot insuretech sector fell out of favor a few years ago. Given the scope of the current disaster though, it's not clear what role the VC-backed startups could have played.

The devastating wildfires burning through Los Angeles County this week are stoking concerns that California’s already faltering home insurance market could be thrown into deeper turmoil.

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

The state’s insurance industry was reformed in late 2024 to promote coverage in disaster-prone areas. Tens of billions in fire damage will stress-test the new regime.

The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize the state’s insurance marketplace after many insurers stopped issuing residential policies due to the high fire risk.

Industry officials warn of widespread economic damage on par with some of the biggest fire disasters in recent memory.

Damages from the recent fires in the Los Angeles area could overwhelm California’s already stressed insurer of last resort

The wind-driven wildfires burning out of control in the Los Angeles area couldn't have emerged at a more perilous moment for California's homeowners, as officials try to rehab what they concede is a deepening "insurance crisis.

At least five people have been killed and thousands of structures have burned in wildfires raging in the Los Angeles area

Firefighting helicopters dropped water over the Palisades Fire in Los Angeles on Thursday night. Copyright 2025 The Associated Press. All Rights Reserved.

Firefighters battled early Thursday to control a series of major fires in the Los Angeles area that have killed five people, ravaged communities from the Pacific Coast to Pasadena and sent thousands of people frantically fleeing their homes.