Insurer Payouts at $4 Billion and Counting So Far for LA Wildfires January 30, 2025 By Don Jergler Preliminary data show insurance companies have so far paid out more than $4 billion for losses from the biggest two...
Pimco Warns LA City Utility Faces Steep Liabilities After Fires January 30, 2025 By Maxwell Adler The Los Angeles Department of Water and Power is facing the risk of significant financial liability for damages in the...
Climate Change Made LA 35% More Primed to Burn, Scientists Say January 29, 2025 By Eric Roston Climate change made Southern California’s dangerous wildfire conditions in early January 35% more likely than they would have been before...
Chubb Expects LA Wildfires to Cost It $1.5 Billion This Quarter January 28, 2025 By Alexandre Rajbhandari Chubb Ltd. estimates that the wildfires that ravaged swaths of Los Angeles earlier this month will cost the insurer $1.5...
Edison Shares New Details on Transmission Lines in Eaton Amid Wildfire Probe January 28, 2025 By Mrinalika Roy Southern California Edison, a unit of utility Edison International, said on Monday preliminary analysis of data showed a “momentary and...
Southern California Edison Asked by Investigators to Preserve Gear at LA’s Eaton Blaze January 27, 2025 By Will Wade Fire investigators have asked Southern California Edison Co. to preserve its equipment near the site where the deadly Eaton fire...
Trump Questions FEMA’s Future Just When LA Needs It Most January 25, 2025 By Zahra Hirji Fire-wracked Los Angeles, facing its worst natural disaster in decades, has never needed the Federal Emergency Management Agency more. As...
LA Wildfires by The Numbers: Insured Losses, Total Losses, Ratings, Rates January 24, 2025 By Don Jergler The impact of the historic Los Angeles-area wildfires is being broadly examined and continually refined, with updates almost daily on...
Fitch Says LA Fires Could Consume 30% of European Reinsurer Natural Disaster Budgets January 24, 2025 By L.S. Howard The Los Angeles wildfires could consume more than 30% of the aggregate natural catastrophe budgets set for 2025 by Europe’s...
Moody’s Expects L.A. Wildfires to Increase Property Insurance Costs Across State January 24, 2025 Moody’s Ratings said in a report on Thursday that it expects the Los Angeles wildfires to increase property insurance costs...