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...
Zurich Insurance Sees $200 Million LA Wildfire Loss February 21, 2025 By Noele Illien Zurich Insurance Group AG is expecting pretax losses of $200 million from the January California wildfires as the insurer reported...
Report Drills Down on Property Damage from Beryl, Helen and Milton February 21, 2025 The 2024 hurricane season presented challenges for insurers thanks largely to hurricanes Beryl, Helene, and Milton—the three powerful storms caused...
Airbnb Billionaire Plans Factory-Built Homes for LA Fire Victims February 20, 2025 By John Gittelsohn Billionaire Joe Gebbia, the co-founder of Airbnb Inc. and a board member of Elon Musk’s Tesla Inc., plans to donate...
Farmers Estimates $600M in Losses from LA Wildfires February 19, 2025 Farmers said on Wednesday that it expects losses from the Los Angeles wildfires last month to reach an estimated $600...
California Insurance Commissioner Rejects State Farm’s 22% Rate Request February 14, 2025 California Insurance Commissioner Ricardo Lara did not approve an emergency, interim 22% rate request from State Farm, instead calling a...