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- California’s insurer of last resort runs out of money for Los Angeles fire claims
- One killed in ballistic missile attack on Kyiv
![California’s insurer of last resort runs out of money for Los Angeles fire claims](https://encdn.bd-pratidin.com/public/news_images/2025/02/12/thumbnails/1739349902-1d5e966cb46738a1e5e8beaf31800758.jpg)
California’s insurer of last resort runs out of money for Los Angeles fire claims
Californias last-resort home insurance plan has exhausted its funds amid a surge of claims from the devastating Los Angeles fires and will receive a $1 billion bailout, state regulators announced Tuesday. The financial rescue follows two of the most destructive wildfires in state history, which...