If the insurance industry stops writing policies for California homes, it will ultimately hit the mortgage industry.

Much of Los Angeles remains burning as this month's wildfires continue to wreak destruction on America's second-largest city. The Eaton Fire in Altadena has killed at least 17 people, while the Palisades Fire has burned 24,

No stranger to natural disasters, Pasadena resident Pedro Rojas keeps a safety bag in his car with essentials like a jacket, gloves and running shoes in case he needs to flee at a moment’s notice.

Dozens of people are believed to have died in the Palisades and Eaton fires, which have burned down whole swaths of communities