California's levy of $1 billion on private insurers to help pay out wildfire claims in its state-run program has renewed focus on the challenges the industry faces in a market already losing appeal rapidly,

Insurers are estimating losses totaling billions of dollars from the Los Angeles wildfires, including assumed payments to allow for a bail out

Virtually every homeowner in California may have to dip into their pockets to help cover the cost of January's Los Angeles wildfires, after the state's insurance regulator approved an industry-wide levy for the insurer of last resort.

Corelogic also estimates that 60% of these properties were total losses. *America’s Climate Problem *Hurricane Damage Hits $500 Billion *New York City Hit By Fires The overall estimate is based on 20,