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 Revises Mercury’s Outlook to Negative January 24, 2025 Fitch Ratings said in an outlook revision that it expects Mercury General Corp.’s credit profile will withstand the impact of...
People Moves: CIWA Names New Executive Board and Incoming Members January 24, 2025 The California Insurance Wholesalers Association made transitions within its executive board and named new additions to its board of directors....
Insurance Commissioner Orders Advance Payments on Claims for LA Wildfire Survivors January 23, 2025 California Insurance Commissioner Ricardo Lara is asking all California insurance companies to provide advance payments on claims for Los Angeles...
Moody’s Expects LA Wildfires to Increase Property Insurance Costs Across State January 23, 2025 Moody’s Ratings said in a report on Thursday that it expects the Los Angeles wildfires to increase property insurance costs...
KCC Estimates Losses From Palisades and Eaton Wildfires to Be Near $28B January 23, 2025 Catastrophe modeler KCC said insured loss from privately insured and California FAIR plan policies to residential, commercial and industrial properties,...
New Wildfires Erupt in California, Forcing Thousands to Evacuate January 23, 2025 By Brian K. Sullivan Two new wildfires that erupted in Southern California are spreading quickly over dry hillsides and forcing evacuations, stoking new fears...
People Moves: Washington Insurance Commissioner Kuderer Adds to Executive Staff January 23, 2025 Washington State Insurance Commissioner Patty Kuderer made six additions to her executive team. Kuderer was sworn in as the state’s...
Ash Left Behind by LA Wildfires Might Be Toxic, Experts Warn January 23, 2025 By Melina Walling Toni Boucher threw up the first time she saw the charred remains of her home and neighborhood after this month’s...
Verisk Estimates Insured Losses for Palisades and Eaton Fires at $28B to $35B January 22, 2025 New estimates peg insured losses to property from the Palisades and Eaton fires in Los Angels together will fall between...