catastrophic loss News

Time to Riot? Wrong Comment Can Reignite Firestorm, Experts Say

The boarded-up windows in shopping districts throughout the United States represent a reasonable assessment of risk in a nation that has already experienced historic damages from civil unrest and appears poised to erupt into violence again, executives for Verisk’s Property …

California Lawmakers Eyeing Catastrophic Wildfire Fund

Creation of a catastrophic wildfire risk pool is emerging as the most likely option as California lawmakers seek to protect the solvency of investor-owned utilities from record payouts for fire damages. PG&E filed for a bankruptcy reorganization this year, saying …