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Arch Capital’s First-Quarter Profit Halves on LA Wildfire Losses

Apr 30 2025 // Arch Capital’s first-quarter profit fell 49.2% as catastrophe losses from the California wildfires weighed on its underwriting performance and investment returns, the insurer said on Tuesday. The results mirror those...

LA Utility Returns to Muni Market for First Time Since Wildfires

Apr 30 2025 // The Los Angeles Department of Water and Power is returning to the municipal bond market with a $1 billion offering, roughly three months after shelving a sale in the immediate wake of historic wildfires that began burning...

Louisiana Dept. of Insurance Earns NAIC Accreditation; Names Leadership Roles

Apr 25 2025 // The Louisiana Department of Insurance (LDI) said it has successfully completed the requirements and earned full national accreditation from the National Association of Insurance Commissioners (NAIC) for its work to promote...

PG&E Misses 1Q Profit Estimates on Higher Expenses, LA Wildfire Worries Linger

Apr 24 2025 // PG&E Corp. missed first-quarter profit estimates on Thursday, as the power company was hurt by higher operating and interest expenses. Higher-for-longer interest rates push up borrowing costs for utility companies,...

A ‘Low-Attention Disaster,’ Mountain Fire Survivors Recover in LA’s Shadow

Apr 23 2025 // The ashes of Hatim Naim’s burned home lie just a few dozen miles west of the Los Angeles areas destroyed by January’s Palisades and Eaton fires. But because the Mountain Fire, which destroyed 182 houses and...

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