Insurers Have Now Paid out $6.9B for LA Wildfires, Report Shows February 13, 2025 Insurance companies have so far paid out more than $6.9 billion for losses from the biggest two of the Los...
Mercury Expects to Lose $1.6B to $2B from LA Wildfires February 13, 2025 By Susanne Sclafane Although Mercury Insurance Group expects gross losses from the 2025 California wildfires in the $1.6 billion-$2.0 billion range, potential subrogation...
Edison Utility Faces Shareholder Lawsuit Over LA Wildfires February 12, 2025 By Jonathan Stempel The parent company of Southern California Edison has been sued for allegedly defrauding shareholders before the recent Los Angeles-area wildfires...
Travelers Expecting $1.7 Billion in Catastrophe Losses From LA Wildfires February 11, 2025 Another major California insurer is reporting losses in excess of $1 billion from the Los Angeles area wildfires. The Travelers...
Newsom Wants to Speed up Delayed Rule to Make California Homes More Fire Resistant February 10, 2025 By Trân Nguyễn As Los Angeles reels from deadly January wildfires that destroyed thousands of homes, California Gov. Gavin Newsom signed an order...
AccuWeather: Elevated Risk of Mudslides at LA Wildfire Burn Scars With Coming Storm February 7, 2025 Meteorologists are warning of an elevated risk of dangerous debris flows and destructive mudslides in Southern California next week in...
LA Neighbors See Much Different Post-Wildfire Rebuilding Options Due to Insurance Crisis February 7, 2025 By Sally Ho and Trân Nguyễn Before a wildfire ravaged their street in northwest Altadena, Louise Hamlin and Chris Wilson lived next door to each other...
Edison Probing Retired Power Line as Possible Start of LA Eaton Fire February 7, 2025 By Mark Chediak Edison International’s utility is looking at whether a power line retired in 1971 started the Eaton wildfire as part of...
AM Best: Wildfires Intensifying California’s Property Insurance Troubles February 6, 2025 Wildfires are intensifying the problems in California’s property insurance market, according to a new commentary from AM Best. Those problems...
Inside the LA Fire Cleanup’s Rush to Remove Tons of Toxic Rubble February 6, 2025 By Todd Woody Removing toxic waste from the foothills and coastal canyons where more than 16,000 homes and businesses burned down in the...