California Wildfires Drive Up Insurance Costs, Complicate Rebuilding Efforts

California homeowners, particularly in fire-prone areas like the Palisades, are facing increasingly expensive and difficult challenges in the wake of devastating wildfires. Insurance companies are raising premiums and, in some cases, withdrawing coverage altogether, making it harder and costlier to insure homes. Rebuilding after a fire is also more complex and expensive due to stricter, fire-resistant building codes. (The Wall Street Journal)

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