While LA Burned, Rules to Protect Homes From Wildfires Were on Hold August 13, 2025 By Todd Woody As wildfires raged across Los Angeles in January, a state official parried an email from a resident living on the...
Porsches Destroyed by LA Wildfires Get New Life as Stained Glass Art August 12, 2025 By Hannah Elliott Ben Tuna is good at transforming rusted-out, patina-eaten wrecks into art. For the past few months, in a nondescript stucco...
Zurich Insurance Beats Estimates Despite LA Wildfire Hit August 7, 2025 By Noele Illien Zurich posted a 6% gain in profit for the first half of 2025 as the insurer shook off losses from...
Swiss Re: Global Insured Catastrophe Losses Hit $80B in First Half August 6, 2025 By Manya Saini Global insured losses from natural catastrophes hit $80 billion in the first half of 2025, driven by the L.A. wildfires...
California Commissioner Takes Legal Action Against FAIR Plan for Smoke Damage Claims July 31, 2025 California Insurance Commissioner Ricardo Lara is taking legal action against the California FAIR Plan Association for reportedly denying and limiting...
Newsom Seeks $18B for Utilities’ Wildfire Fund as California Faces Future Blazes July 31, 2025 By Eliyahu Kamisher and Mark Chediak California Gov. Gavin Newsom is circulating a legislative proposal to shore up a state fund for utilities that’s at risk...
California Department of Insurance Completes Final Review of Wildfire Model July 24, 2025 The California Department of Insurance completed a review of the state’s first wildfire catastrophe model, marking a dramatic change in...
Edison Sets Up Compensation Program for Victims of LA’s Eaton Fire July 24, 2025 By Mark Chediak Southern California Edison will set up a program to compensate victims of a deadly Los Angeles wildfire that it has...
Los Angeles Sues Airbnb for Alleged Price Gouging Following Wildfires July 18, 2025 By Jonathan Stempel Los Angeles sued Airbnb, accusing the home rental company of allowing price gouging affecting at least 2,000 properties during January’s...
First-Half 2025 Insured Losses From Natural Cats Hit $100B, Driven by US Events July 16, 2025 By L.S. Howard Global insured losses during the first half of this year were at least $100 billion, and more than 90% of...