LA Wildfire Losses Seen as High as $164 Billion, UCLA Says February 5, 2025 By John Gittelsohn Economic losses from the fires that tore through Los Angeles County in January range from $95 billion to $164 billion,...
North Carolina Officials Make Urgent Request to Lawmakers on Hurricanes February 3, 2025 By Makiya Seminera North Carolina officials charged with leading recovery efforts in western North Carolina after Hurricane Helene — as well as parts...
Chubb Expects LA Wildfires to Cost It $1.5 Billion This Quarter January 28, 2025 By Alexandre Rajbhandari Chubb Ltd. estimates that the wildfires that ravaged swaths of Los Angeles earlier this month will cost the insurer $1.5...
Trump Questions FEMA’s Future Just When LA Needs It Most January 25, 2025 By Zahra Hirji Fire-wracked Los Angeles, facing its worst natural disaster in decades, has never needed the Federal Emergency Management Agency more. As...
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...
Swiss Re’s Business Unit CEOs Share Views on Key Risk Themes of 2025 December 26, 2024 Social inflation will continue to be a top concern for insurers and reinsurers in 2025 with US liability claims increasing...
Swiss Re: Hurricanes, Severe Thunderstorms and Floods Put Insured Losses Over $100B Again December 5, 2024 Insured losses from natural catastrophes are on track to exceed $135 billion in 2024, with at least two-thirds of this...
CoreLogic: Insured Wind and Flood Losses from Milton $17B to $28B, Property Restoration Difficult October 17, 2024 By Don Jergler Estimates released on Wednesday from CoreLogic show that insured wind and flood losses from Hurricane Milton are expected to be...
Hurricane Helene to Hit as Cat 3, and Early Estimates Forecast $3-$6B in Insured Losses September 25, 2024 Hurricane Helene is expected to hit Florida as a Category 3, and a property data firm estimates that nearly 25,000...
AccuWeather’s U.S. Preliminary Estimate of Damage and Economic Loss from Debby is $28B August 9, 2024 The total damage and economic loss from Hurricane Debby in the U.S. is expected to be $28 billion, according to...