Multiple wildfires, including the Palisades Fire and Eaton Fire, are raging across southern California Thursday, leaving at least 5 dead and burning more than 27,000 acres, officials say. Police have arrested 20 suspected looters.

The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize the state’s insurance marketplace after many insurers stopped issuing residential policies due to the high fire risk.

The wind-driven wildfires burning out of control in the Los Angeles area couldn't have emerged at a more perilous moment for California's homeowners, as officials try to rehab what they concede is a deepening "insurance crisis.

Several California insurers have cut policies in wildfire-prone areas of the state in recent years, leaving homeowners scrambling for options.

Even before this week's wildfires in Los Angeles County, California was in the middle of an insurance crisis spurred by the threat of intensifying wildfires and other extreme weather events. Since 2022,