USAA Becomes 3rd Insurer to Report $1B-Plus in Claims So Far for LA Wildfires February 5, 2025 USAA has paid out more than $1 billion for the Los Angeles wildfires, making it the third insurer to report...
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,...
US Economic Losses From Natural Disasters Soared in 2024 January 29, 2025 By Alex Veiga Economic losses from hurricanes and other natural disasters soared in the U.S. last year and were above average globally, reflecting...
Storm Triggers Worst Floods in 40 Years in Northwest France January 28, 2025 By Joe Wertz and Nayla Razzouk Storm Herminia triggered the worst flooding in four decades in parts of northwest France and created dangerous avalanche conditions in...
Does 15-Year Roof Age Rule Discourage More Wind-Resistant Products? January 24, 2025 By William Rabb After Hurricane Milton swept through parts of southwestern Florida in October, aerial drone images showed condominium buildings with large sections...
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...
Fire-Damaged Cannabis Grower Loses $1.3 Million Business Income Loss Claim January 24, 2025 By Andrew G. Simpson A cannabis growing company has lost its bid to have its insurer cover $1.3 million in claimed business income losses...
Lessons From 2024’s Extreme Weather Events: A Global Perspective January 10, 2025 By Steve Powell The year 2024 will be remembered as a defining moment in the history of weather-related catastrophes. From unprecedented heat waves...
Thousands Flee From Uncontrolled Wildfires Burning Near Los Angeles January 8, 2025 By Brian K. Sullivan Millions of people in California face at least two more days of dry, hot winds that have fanned fires across...
Did Florida Appeals Court Put the Final Nail in the AOB Coffin? Maybe January 7, 2025 By William Rabb Almost five years after Florida lawmakers clamped restrictions on assignment-of-benefits agreements and two years after they effectively outlawed AOBs altogether,...