Insurers asked to keep providing living expense coverage for LA wildfire victims
While homes might be accessible, hazardous fire debris, containing asbestos and other toxins, might render them uninhabitable.
By Corey Dahl |
February 19, 2025 at 11:16 AM
X
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
Many neighborhoods still don’t have power, and “do not drink” notices are in effect for several areas. (Credit: Amanda Bronstad/ALM)
California’s insurance commissioner is urging insurers to continue to provide Additional Living Expense (ALE) coverage to LA wildfire victims even if their homes have become accessible.
“Accessibility alone does not guarantee a home is safe to live in,” said Insurance Commissioner Ricardo Lara, in a statement. “Survivors should not be forced to return to unsafe conditions, whether due to toxic ash, contaminated water or the lack of essential utilities.”
Want to continue reading? Become a Free PropertyCasualty360 Digital Reader.
INCLUDED IN A DIGITAL MEMBERSHIP:
All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
Educational webcasts, resources from industry leaders, and informative newsletters.
Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Discover how digital automation is helping property insurance carriers simplify and expedite the claims process and overcome challenges posed by a growing number of claims in recent years.
Discover how one insurer drastically improved the efficiency of their water mitigation claim reviews, reducing costs and time while enhancing decision-making. Learn how this approach can transform your claims process, making it faster, more accurate, and less resource-intensive.
The mid-market life insurance segment holds tremendous potential, with 39% of consumers planning to buy life insurance in the next year (1). This white paper explores the unique opportunities for you to scale your mid-market segment and drive sustainable growth.