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Friday, Nov 22, 2024

Preview: Burned Once But Not Again

Even as memories of the Woolsey Fire and Hill Fire fade, their influence lingers as business and property owners in Ventura County and the Valley region confront escalating fire insurance premiums or policies they can’t renew. Catastrophic losses have pushed carriers to the brink of bankruptcy, according to Tim Gaspar, chief executive of brokerage Gaspar Insurance Services in Woodland Hills. Read the full story in the Sept. 30 issue of the San Fernando Valley Business Journal.

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