California bans insurance cancellation, non-renewals in LA areas affected by fires

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‘Million Dollar Listing Los Angeles’ star Josh Flagg discusses evacuating Los Angeles amid the flames on ‘The Claman Countdown.’

The state of California's insurance regulator on Friday announced a one-year moratorium on the cancellation of homeowners insurance policies in areas of Southern California that have been affected by this week's devastating wildfires.

The California Department of Insurance (CDI) announced that the mandatory one-year moratorium will prevent insurers from canceling or not renewing homeowners' policies in specific areas affected by the Palisades and Eaton wildfires in the Los Angeles area. 

The moratorium applies to all homeowners, condo unit owners, mobile home homeowners or residential renters insurance policies in specified zip codes. It covers cancellations and non-renewal due to wildfire risk.

As of Friday, the fires have destroyed over 10,000 homes, buildings and other structures, according to local officials. At least 10 people have been killed by the fires. The Kenneth, Hurst and Lidia fires, along with the Palisades and Eaton fires, have collectively burned more than 27,000 acres in the area.

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Chimneys stand among the rubble after the passage of the Palisades Fire in Pacific Palisades, California, on Wednesday. (Agustin Paullier/AFP via Getty Images / Getty Images)

«My heart goes out to my fellow Angelenos. Our top priority is protecting Californians during this crisis and helping us recover,» California Insurance Commissioner Ricardo Lara said in a statement. «I am using my moratorium powers to prevent insurance companies from canceling or non-renewing policies in wildfire-impacted