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...
Fire-Ravaged LA to See Respite But Danger ‘Not Yet Passed’ January 16, 2025 By Brian K. Sullivan, Laura Curtis and Lauren Rosenthal The dry, dangerous winds that have kept fire-scarred Los Angeles on edge for days are finally forecast to end —...
LA Wildfires Losses Could Top $30 Billion for Insurance Industry January 14, 2025 By Alexandre Rajbhandari Wildfires that have ravaged swaths of Los Angeles could result in losses of as much as $30 billion for the...
Edison Utility Sued Over Role of Equipment in Los Angeles Fire January 13, 2025 By Jef Feeley, Mark Chediak and Malathi Nayak Edison International Inc.’s southern California utility was hit with a lawsuit blaming the energy provider’s equipment for igniting one of...
Apple Fights $1.8B App Store Suit in First of UK Class Actions Against Tech Giants January 13, 2025 By Sam Tobin Apple has abused its dominant position by charging app developers an unfair 30% commission through its App Store, costing British...
The Most Important LA Wildfire Stories to Know About January 10, 2025 By Don Jergler As firefighters gain more control over what have become the most destructive wildfires in U.S. history in a matter of...
Paradise Destroyed: Fire Razes LA Enclave Bigger Than Manhattan January 10, 2025 By John Gittelsohn and Michelle Ma Three days after the fire began raging in the Pacific Palisades of Los Angeles, only 8% of it has been...
More SE States Pushing Funding, Discounts for Stronger Roofs as Storms Increase January 10, 2025 By William Rabb A residual property insurer and regulators in two Southeastern states are emphasizing roof integrity, more signs that mitigation and prevention...
Catastrophic Weather Drives Insured Losses to Highest Since 2017 January 10, 2025 By Stephan Kahl As 2025 begins with wildfires wreaking devastation across Los Angeles, it’s now clear that insured losses from natural catastrophes last...