Michelle Meyers, Counsel at Singleton Schreiber in Sacramento, was recently featured by ABC News in their segment, "CA Homeowners Impacted by Wildfires Face Uncertain Future Amid Insurance Crisis".
The news segment covers how nearly half a million victims of the recent 2025 Los Angeles Fires (including the Palisades fire, Eaton Fire, and Hurst Fires) have been forced to seek the compensation of the total loss of their homes under the California Fair Plan (a more expensive and less expansive option) due to insurance companies like State Farm and Liberty Mutual who opted to lapse the coverage of California policyholders just months before the Los Angeles Fires ravaged their homes and caused billions in economic losses.
The segment continues by highlighting how this drop in coverage is a growing trend nationwide, providing the arguments by both the insurance companies and affected policyholders who have been forced to seek litigation against these insurance companies on the basis that these lapses were unlawful and wrong despite these companies being part of a risk-bearing industry that has continued to made billions in profits year-after-year.
"Since filing this lawsuit [against Liberty Mutual] I've talked to over a hundred people with very similar stories" said Ms. Meyers. "I think that th[e] [insurance companies] have done a good job of being like, 'Poor us, there's fires, there's floods, there's storms", but what they're leaving out of it is that they have been making more money than they ever have."
