Zurich Insurance Group AG is expecting pretax losses of $200 million from the January California wildfires as the insurer reported...
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Billionaire Joe Gebbia, the co-founder of Airbnb Inc. and a board member of Elon Musk’s Tesla Inc., plans to donate...
Farmers said on Wednesday that it expects losses from the Los Angeles wildfires last month to reach an estimated $600...
California Insurance Commissioner Ricardo Lara did not approve an emergency, interim 22% rate request from State Farm, instead calling a...
Southern California Edison’s equipment ignited nearly 60% more fires in 2024 than in the previous year, mainly tiny ones that...
Insurance companies have so far paid out more than $6.9 billion for losses from the biggest two of the Los...
Although Mercury Insurance Group expects gross losses from the 2025 California wildfires in the $1.6 billion-$2.0 billion range, potential subrogation...
American International Group reported fourth quarter 2024 net income of $898 million compared to $86 million the prior year, but...
Edison International’s utility is looking at whether a power line retired in 1971 started the Eaton wildfire as part of...
Economic losses from the fires that tore through Los Angeles County in January range from $95 billion to $164 billion,...