California Surplus Lines Take-Up Soars as Brokers Work to Find Coverage for Clients July 15, 2025 By Don Jergler The best way to tell that the California homeowners insurance market has been a bear is to see where buyers...
Viewpoint: State Farm’s Wildfire Claims Response Is a Test of Trust and Preparedness July 8, 2025 By Chip Merlin State Farm has long positioned itself as the dependable “good neighbor” ready to help when disaster strikes. Through carefully crafted...
California Utilities Expand Power Shutdowns as Winds Rise June 20, 2025 By Brian K. Sullivan California utilities cut power to more than 62,000 customers across the state in an attempt to stop wildfires from starting...
Pano AI in California Raises $44M Series B to Scale Early Detection June 20, 2025 San Francisco, California-based Pano AI announced the close of its $44 million Series B funding round. The round, which brings...
Wildfire Season Preview: Rest of 2025 Is High-Risk, May Follow LA Wildfires Paradigm June 10, 2025 Following the “paradigm-shifting” Los Angeles wildfires in January, the 2024-2025 wildfire season will be remembered as a turning point for...
AM Best: US P/C Industry Records $1.1B Underwriting Loss for Q1 June 9, 2025 Growth in net earned premiums during the first three months of 2025 was offset by losses and expenses, resulting in...
Southern California Edison Paying $82.5M to Settle Claims Over Bobcat Fire Damages May 27, 2025 By Pooja Menon Southern California Edison, a unit of utility Edison International, agreed on Friday to pay $82.5 million to settle claims with...
Bill to Address California Wildfire And Insurance Crises Moving Through Legislature April 30, 2025 A California Assembly committee advanced a bill designed to deal with the state’s wildfire and insurance crises. The California Safe...
A ‘Low-Attention Disaster,’ Mountain Fire Survivors Recover in LA’s Shadow April 23, 2025 By Gabriela Aoun Angueira The ashes of Hatim Naim’s burned home lie just a few dozen miles west of the Los Angeles areas destroyed...
Wildfire Losses Drop Chubb Q1 Net Income 38%, While Tariffs Create ‘Confusion’ April 23, 2025 By Chad Hemenway First quarter 2025 net income at Chubb fell nearly 38% to about $1.3 billion as losses from the California wildfires...