Forecast Calls for Wildfires to Burn More Land Across U.S. This Year April 23, 2025 A Long-range forecast predicts wildfires will burn more land across the U.S. this year, with a potentially active spring in...
Hedge Funds Are Hunting Deals in Risks Too Big for Insurers April 7, 2025 By Natasha White As Los Angeles residents digested the apocalyptic scene left by wildfires earlier this year, the stage was simultaneously being set...
California’s Snowpack Data Likely Signals Another Fire-Prone Summer April 1, 2025 By Brian K. Sullivan California is emerging from its wettest time of the year with new fire and drought risks. The state is scheduled...
The Evolution of Homeowners Insurance in California—From Niche to Necessity March 18, 2025 By Mikhail Gorshunov For many years, the homeowners insurance market operated as a relatively stable and predictable sector in California. Changes were incremental,...
State Farm, Consumer Group Battle Ahead of Insurance Commissioner Decision March 13, 2025 By Susanne Sclafane Ahead of a decision from California’s insurance commissioner on a State Farm General request for emergency rate increases, company executives...
2 Million Acres in California Designated High Or Very High Fire Danger Areas February 13, 2025 By Julie Cart Reflecting intensifying wildfires and updated science, new state maps designate more than 2.3 million acres of local land in California...
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...
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...
LA Wildfire Losses Seen as High as $164 Billion, UCLA Says February 5, 2025 By John Gittelsohn Economic losses from the fires that tore through Los Angeles County in January range from $95 billion to $164 billion,...