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...
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...
Insurance Commissioner Orders Advance Payments on Claims for LA Wildfire Survivors January 24, 2025 California Insurance Commissioner Ricardo Lara is asking all California insurance companies to provide advance payments on claims for Los Angeles...
KCC Estimates Losses From Palisades And Eaton Fires in LA to Be Near $28B January 23, 2025 Losses from the Palisades and Eaton fires near Los Angeles will be close to $28 billion, catastrophe modeler KCC reported...
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...
Verisk Estimates Insured Losses for Palisades and Eaton Fires at $28B to $35B January 23, 2025 New estimates peg insured losses to property from the Palisades and Eaton fires in Los Angels together will fall between...
Growing Concerns About Wildfires in Carolina Thanks to Kindling Left by Helene January 22, 2025 By William Rabb As southern California continues to suffer from wildfires, officials in another part of the country fear their area could be...
Treasury’s FIO Releases ‘Flawed’ Homeowners Insurance Report, Industry Says January 22, 2025 By Chad Hemenway The U.S. Treasury’s Federal Insurance Office last week released what it called the “most comprehensive data on homeowners insurance in...
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...