Q1 Claims Volume Hits 5-Year Low But Severity Up on Wildfire Losses, Verisk Says June 19, 2025 By Ezra Amacher The quarter brought devastating wildfires to California, wind and hail events to Texas, and substantial increases in activity to "Tornado...
California Commissioner Investigating State Farm’s Handling of LA Wildfire Claims June 12, 2025 California Insurance Commissioner Ricardo Lara on Thursday said he has launched a formal investigation into State Farm’s handling of thousands...
Wildfire Season Preview: Rest of 2025 Is High-Risk, May Follow LA Wildfires Paradigm June 10, 2025 Following the “paradigm-shifting” Los Angeles wildfires in January, the 2024-2025 wildfire season will be remembered as a turning point for...
Homeowners Suing AAA Insurers and USAA over LA Wildfires June 6, 2025 Some homeowners who lost their homes in the Los Angeles wildfires have filed lawsuits against three large insurers over claims...
Urban Fires Can Mean Long Trips for Helicopters to Get Water. One Firefighter Had A Better Idea May 27, 2025 By Dorany Pineda and Brittany Peterson Mark Whaling and a crew raced up and down a hill in a tanker truck as they battled a wildfire...
Judge Recommends Approving 17% State Farm Rate Hike in California May 13, 2025 It looks like California’s largest homeowners insurer is getting a large rate increase following billions of dollars in losses from...
In The Wake of Devastating LA Fires, Residents Begin to Rebuild May 5, 2025 By Alex Veiga Nearly four months after wildfires reduced thousands of Los Angeles-area homes to rubble and ash, some residents are starting to...
Insurers May Face $145 Billion in Catastrophe Losses in 2025 April 29, 2025 By Gautam Naik Insured losses from natural catastrophes could soar to $145 billion this year — well above the 10-year average — as...
Aon Reports Global Natural Disasters Cost Insurers $53B in Q1, With Economic Losses of $83B April 22, 2025 Global natural catastrophes had an insured price tag of more than $53 billion during the first quarter of 2025, with...
LA Wildfires Had Little Impact on Reinsurer Risk Appetite During April Renewals April 10, 2025 By L.S. Howard Property-catastrophe capacity remained adequate to meet demand during the April 1 renewals for U.S. reinsurance buyers, despite the record losses...