LA Wildfires by The Numbers: Insured Losses, Total Losses, Ratings, Rates January 24, 2025 By Don Jergler The impact of the historic Los Angeles-area wildfires is being broadly examined and continually refined, with updates almost daily on...
Does 15-Year Roof Age Rule Discourage More Wind-Resistant Products? January 24, 2025 By William Rabb After Hurricane Milton swept through parts of southwestern Florida in October, aerial drone images showed condominium buildings with large sections...
Tesla Deploys Fix to 1.2 Million China EVs on Safety Concern January 24, 2025 Tesla Inc. will release a software update to about 1.2 million cars in China—around half the fleet it’s sold in...
Moody’s Expects L.A. Wildfires to Increase Property Insurance Costs Across State January 24, 2025 Moody’s Ratings said in a report on Thursday that it expects the Los Angeles wildfires to increase property insurance costs...
New Wildfires Erupt in California, Forcing Thousands to Evacuate January 23, 2025 By Brian K. Sullivan Two new wildfires that erupted in Southern California are spreading quickly over dry hillsides and forcing evacuations, stoking new fears...
Report: Millions of Homes Exposed to Winter Weather Risks January 23, 2025 More than 31 million housing units in the U.S. will experience more than 30 days of winter temperatures below 32ºF...
Wildfire-Risk Models Are Struggling to Predict LA-Style Fires January 22, 2025 By Gautam Naik Among natural disasters, wildfires are the great unknown. Even the most-sophisticated scientific models fail to capture all the risk factors...
Citigroup Must Face New York Lawsuit Over Handling of Fraud Scams January 22, 2025 By Jonathan Stempel A federal judge on Tuesday rejected Citigroup’s bid to dismiss a lawsuit by New York Attorney General Letitia James claiming...
LA Braces for Fire Risk From Bone-Dry Winds as Winter Rains Lag January 21, 2025 By Lauren Rosenthal Dangerous winds and drought will create extreme fire risk across Southern California Tuesday, putting more than 11 million people in...
FEMA Transfers $758M in US Flood Program Risk to 27 Private Reinsurers January 21, 2025 The Federal Emergency Management Agency said its reinsurance renewal for the National Flood Insurance Program (NFIP) included the transfer of...