Burned and uninsured: Wildfires are leaving California’s housing market in trouble ...Middle East

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Burned and uninsured: Wildfires are leaving California’s housing market in trouble
By Shania Baweja and Taylor Galgano, CNN Los Angeles (CNN) — After the 2018 Camp Fire – the deadliest wildfire in California’s history – engulfed Michael and Kristy Daneau’s Paradise home, the couple and their four daughters were forced to move 30 miles away to find a home they could afford. They moved to Cohasset to buy a home with money they received through their insurance claim and their portion of an $11 billion Pacific Gas & Electric (PG&E) settlement with insurance companies for the blazes linked to its equipment failure. Six years later, the family’s experiencing déjà vu: Their new home in the rocky region of northern California recently burned down to the studs in the 2024 Pa

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