Latest Wildfire Headlines
All the headlines from our Wildfire Topic Page, ordered by recency.
Probe Finds PG&E Failed to Inspect Transmission Lines That Caused 2018 Wildfire
Dec 3 2019 // Bankrupt California power producer PG&E Corp. did not properly inspect and replace transmission lines before a faulty wire sparked a wildfire that killed more than 80 people in 2018, a probe by a state regulator has...
Some Changes to California’s FAIR Plan Could Go into Effect Early Next Year
Dec 2 2019 // Note: This has been updated with FAIR Plan comments below. Changes to the insurance plan offered by California’s property insurer of last resort could possibly go into effect as early as the next few months – that...
PG&E Says Blackouts Limited California Fires Despite One Likely Failure
Dec 2 2019 // The nation’s largest utility said Friday that its distribution lines haven’t sparked any major wildfires since it began shutting off power to Northern California customers during periods of high fire...
California Faces Decade of Unique Wildfire Blackouts
Dec 2 2019 // California utility PG&E Corp. has imposed 10 intentional blackouts this year to reduce risks its power infrastructure could spark wildfires and said they will continue for a decade. PG&E initially said outages...
Wildfire Crisis is Roiling California’s Insurance Market
Nov 27 2019 // Lauris Bye, a homebuilding industry veteran who moved to Southern California’s wildfire-prone hills decades ago, felt confident about the newly built house he was buying about 30 miles north of downtown Los...
California Faces Decade of Unique Wildfire Blackouts
Nov 25 2019 // California utility PG&E Corp. has imposed 10 intentional blackouts this year to reduce risks its power infrastructure could spark wildfires and said they will continue for a decade. PG&E initially said outages...
Housing Crunch in California’s Pushing Developers Deeper into Wildfire Zones
Nov 25 2019 // The Santa Ana winds were blowing as Greg Medeiros ducked behind his Chevy Tahoe on a remote hillside 25 miles from the edge of Los Angeles’s sprawl. He gestured to the valley below, describing his vision of...
Wildfires Likely to Boost California Surplus Lines Homeowners Share; FAIR Plan Expansion Questioned
Nov 22 2019 // Premium volume from homeowners polices written by California’s surplus lines industry, although still small, has doubled over the past four years, seemingly pushed by an increase in wildfires in the state. Some...
Report Urges Insurers to Eye Impact of Climate Change on Underwriting, Investments
Nov 21 2019 // Insurers can no longer put off addressing the impact of climate change on their underwriting, pricing, and investment decisions, as well as their bottom lines, a recent analysis from Deloitte asserts. “The escalating...
PG&E Cuts Power to 50K California Homes And Businesses During Wildfire Risk
Nov 21 2019 // About 50,000 homes and businesses across Northern California were without power on Wednesday during the latest planned outage instituted by utility Pacific Gas & Electric Co. to guard against risk of wildfire during...
California Commissioner Issues Emergency Notice to Expedite Wildfire Claims
Nov 20 2019 // California Insurance Commissioner Ricardo Lara on Wednesday issued an emergency notice to all property/casualty insurers doing business in California requesting they expedite claims handling for wildfire survivors to help...
PG&E: Some Fire Victim Claims, Including One for 500-Pound Emerald, Seem ‘Suspicious’
Nov 20 2019 // PG&E Corp. says it has found suspicious monetary claims by victims of California’s wildfires, including one from a man who says a 500-pound (227-kilogram) emerald worth $280 million was destroyed at his home a...
Australia Warned to Expect More Fire Tornadoes
Nov 19 2019 // Fire tornadoes are set to become a more common feature of the Australian landscape as climate change takes hold later this century. That’s according to new research from the University of New South Wales’s...
Boosting Resilience to U.S. Wildfires Should Be Insurance Industry Priority: I.I.I.
Nov 18 2019 // Nearly a year after the deadliest and costliest wildfire in U.S. history, insurers and the customers they cover are revisiting how to reduce their collective exposure to this risk, according to the Insurance Information...
Wall Street Taking Closer Look at Climate Change Risks
Nov 15 2019 // In the wake of two years of devastating wildfires in California, Wall Street is incorporating a new risk metric when evaluating companies: climate resiliency. Investors, analysts, research firms and companies are putting...
Australia Wildfires Continue to Rage, Destroying Homes, Forcing Evacuations
Nov 14 2019 // Scores of wildfires continued to rage across vast tracts of Australia’s drought-stricken east coast on Wednesday, forcing hundreds of residents to evacuate their homes, some for the second time in a week. The most...
Venice Floods, Australia Wildfires Blamed on Climate Change
Nov 14 2019 // Extreme floods in Venice, fires in Australia and even an outbreak of plague in China have been attributed to climate change this week, while researchers have warned that global warming could saddle future generations with...
PURE Programs Launches California High Wildfire Risk Homeowners Program
Nov 13 2019 // PURE Programs has launched a new High Wildfire Risk Homeowners Insurance program, with coverages for retail insurance brokers serving clients that own high value homes in California at greater-risk of loss from...
Despite Wildfires, California Wine is Doing Just Fine – For Now
Nov 12 2019 // If you’re worried that wildfires might have created shortages of Northern California’s 2019 cabernet sauvignon, or even just imparted it with an undesirable smoky flavor, you can relax. The wine is just fine....
PG&E California Wildfire Victims Sue to Get Paid Before Fire Insurers
Nov 12 2019 // PG&E Corp. wildfire victims have filed a new lawsuit arguing they must be fully repaid for the losses of their homes and businesses before fire insurers are as part of the utility’s bankruptcy. The case takes aim...
