The state of California announced a one-year moratorium on the cancellation or non-renewal of homeowners insurance policies in zip codes affected by the Los Angeles-area wildfires.

In 2019, the number of homeowners’ policies in California that were not renewed jumped by more than thirty per cent. In 2023, two giant insurers, State Farm and Allstate, announced that they would stop writing new policies for various forms of property insurance in California.

The Los Angeles wildfires could threaten California’s already unstable insurance market, which carriers have been fleeing as disasters multiply.

Trump issued a fiery volley against Gov. Newsom, blaming him for the fires, and has said before that he'll cut wildfire funds to California.

California Gov. Gavin Newsom invited President-elect Donald Trump to California via social media amid the ongoing wildfires in Los Angeles. "The hundreds of thousands of Americans — displaced from their homes and fearful for the future — deserve to see us all working together in their best interests,