Billions in Hurricane Helene Aid to Farmers to Start Flowing by March 21 March 18, 2025 By Jeff Amy and Russ Bynum Tens of billions in aid for victims of Hurricane Helene should start flowing later this month, U.S. Agriculture Secretary Brooke...
California Insurance Commissioner Provisionally OK’s State Farm’s 22% Rate Request March 14, 2025 California Insurance Commissioner Ricardo Lara provisionally approved State Farm’s request for a 22% interim rate hike, the California Department of...
State Farm, Consumer Group Battle Ahead of Insurance Commissioner Decision March 13, 2025 By Susanne Sclafane Ahead of a decision from California’s insurance commissioner on a State Farm General request for emergency rate increases, company executives...
Verisk: Claims Volume Rose 36% in 2024, Largely on Catastrophe Claims March 13, 2025 Property claims volume rose 36% in 2024, driven by a massive rise in catastrophe claims thanks in part to a...
A California City Is Pioneering Urban-Scale Insurance for Climate Disasters March 13, 2025 By Leslie Kaufman “Fire took everything, please help.” The headline was one of hundreds like it on GoFundMe campaigns that launched even as...
Insurers Have Paid $12B in Claims for LA Wildfires, Report Shows March 12, 2025 Insurance companies have so far paid out more than $12 billion for losses from the two biggest of the Los...
Lloyd’s Said It Will Lose $2.3B From LA Wildfires March 12, 2025 Lloyd’s this week said it will lose $2.3 billion from the Los Angeles wildfires in January, adding to the number...
Newsom Leans on Veteran Republican to Push $40 Billion California Fire Aid February 28, 2025 By Eliyahu Kamisher California Gov. Gavin Newsom is enlisting veteran Republican lawmaker Ken Calvert to help push his $40 billion wildfire aid request...
Munich Re Faces $1.3 Billion in Claims From Los Angeles Wildfires February 26, 2025 By Tom Sims and Alexander Huebner Germany’s Munich Re expects about 1.2 billion euros ($1.26 billion) in claims resulting from the Los Angeles wildfires, it said...
How Better Water Systems Can Help a City Survive The Next Firestorm February 24, 2025 By Brittany Peterson Santa Rosa. Paradise. Boulder County. Lahaina. Los Angeles. All are places that have shown that American cities and their water...