The owners of Shutters on the Beach and Casa del Mar, popular hotels in Santa Monica, California, are exploring a capital raise to develop branded residences on adjacent land.
The stretch of the highway along the Pacific Ocean between Santa Monica and Malibu reopened to regular traffic. Some local officials believe it is too soon.
The self-driving taxi company Waymo launched in Los Angeles in November, bringing roughly 100 autonomous vehicles to neighborhoods from Santa Monica to West Hollywood.
Assurant launches mobile claims sites in Burbank and Santa Monica, offering extended hours and multiple filing options. Company commits $250,000 to support wildfire recovery efforts.
Catastrophe risk modeling firm KCC is estimating insured losses of about $28 billion from the Los Angeles wildfires, making them the costliest wildfires in U.S. history.