Although Mercury Insurance Group expects gross losses from the 2025 California wildfires in the $1.6 billion-$2.0 billion range, potential subrogation...
insured losses News
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,...
North Carolina officials charged with leading recovery efforts in western North Carolina after Hurricane Helene — as well as parts...
Chubb Ltd. estimates that the wildfires that ravaged swaths of Los Angeles earlier this month will cost the insurer $1.5...
Fire-wracked Los Angeles, facing its worst natural disaster in decades, has never needed the Federal Emergency Management Agency more. As...
The impact of the historic Los Angeles-area wildfires is being broadly examined and continually refined, with updates almost daily on...
Social inflation will continue to be a top concern for insurers and reinsurers in 2025 with US liability claims increasing...
Insured losses from natural catastrophes are on track to exceed $135 billion in 2024, with at least two-thirds of this...