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AI6YR Ben
@ai6yr@m.ai6yr.org  ·  activity timestamp 5 days ago

LA Times: California insurers set to charge homeowners for L.A. County fire costs

https://www.latimes.com/business/story/2025-10-22/california-insurers-given-ok-to-charge-homeowners-statewide-for-l-a-county-fire-costs

#PalisadesFire #EatonFire #wildfires #insurance #disasters

Los Angeles Times

California insurers set to charge homeowners for L.A. County fire costs

Residential policyholders across California could be paying several hundred million dollars to help cover the costs of claims arising out of the January firestorms in Los Angeles County.
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Alex Akselrod boosted
Ericka Simone
@ErickaSimone@mastodon.social  ·  activity timestamp 2 weeks ago

The hero of #Altadena: Edwin Castro, winner of the 2022 $2.2 billion dollar Powerball, and longtime resident of Alta/Pasadena.

Hes developed a 10 year plan to help rebuild our city, and is currently buying out lots from the #EatonFire to avoid mass buyouts by corporate developers, with plans to resell directly back to Pasadena/Altadena natives only. It’s actually… incredible.

https://www.wsj.com/economy/housing/altadena-powerball-winner-los-angeles-fires-5acd346e?st=BKiUpt&fbclid=IwY2xjawNeCttleHRuA2FlbQIxMQABHjHThrrSSZT4k-PIhz4jcDHnJa86RyVMUuqEEXR_yZx_mb6i_-EmpXcbaXbJ_aem_Uq1cKCQRu6YO3FStqr8E0Q

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Ericka Simone
@ErickaSimone@mastodon.social  ·  activity timestamp 2 weeks ago

The hero of #Altadena: Edwin Castro, winner of the 2022 $2.2 billion dollar Powerball, and longtime resident of Alta/Pasadena.

Hes developed a 10 year plan to help rebuild our city, and is currently buying out lots from the #EatonFire to avoid mass buyouts by corporate developers, with plans to resell directly back to Pasadena/Altadena natives only. It’s actually… incredible.

https://www.wsj.com/economy/housing/altadena-powerball-winner-los-angeles-fires-5acd346e?st=BKiUpt&fbclid=IwY2xjawNeCttleHRuA2FlbQIxMQABHjHThrrSSZT4k-PIhz4jcDHnJa86RyVMUuqEEXR_yZx_mb6i_-EmpXcbaXbJ_aem_Uq1cKCQRu6YO3FStqr8E0Q

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KellyAnn Romanych (she/her)
@kellyromanych@mastodon.social  ·  activity timestamp last month

LA Public Press: Hundreds of #EatonFire area homes still have high lead levels in soil, new testing shows

A local coalition steps in to help provide education and soil remediation support.

https://lapublicpress.org/2025/09/eaton-fire-lead-testing-remediation/

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Alex Akselrod boosted
Ericka Simone
@ErickaSimone@mastodon.social  ·  activity timestamp 2 months ago

…and with the shift of ownership due to the #EatonFire (and Palisades), private investors/corporations now hold just over 1/5th of California’s housing real estate. With the number growing.

Remember when buying a house seemed almost feasible?

https://www.sfgate.com/realestate/article/investors-majority-homes-some-calif-counties-20780941.php

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Ericka Simone
@ErickaSimone@mastodon.social  ·  activity timestamp 2 months ago

…and with the shift of ownership due to the #EatonFire (and Palisades), private investors/corporations now hold just over 1/5th of California’s housing real estate. With the number growing.

Remember when buying a house seemed almost feasible?

https://www.sfgate.com/realestate/article/investors-majority-homes-some-calif-counties-20780941.php

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