Arson and homeowners insurance

A string of 52 arson fires that rocked southern California in December, destroying the parked cars that were initially set ablaze, scorching buildings and causing about $3 million in damages, may have put residents on edge, but paying for their damages shouldn’t be one of their worries, provided they have the correct insurance coverage. Nor should they worry about a recurrence. A spokesman for the California Department of Insurance says he doesn’t see this as…