L.A. wildfire News

InsurTechs Highlight New Approaches to Wildfire Insurance

While the Southern California fires that sparked in high-wind conditions last week inch closer toward containment, estimates of insured losses continue to creep higher. CoreLogic said in a Thursday briefing that the industry price tag of the Palisades and Eaton …

Mercury General Wildfire Losses Will Hit Reinsurance Cover. One Event?

Mercury General Corporation said it expects losses from wildfires burning in California since Jan. 7 to exceed its $150 million reinsurance retention, without providing a specific dollar estimate of losses the company expects to incur. The first publicly traded U.S. …