March 8, 2024
Massive wildfires sparked by power lines used to be a California problem, one many utility executives considered safely confined to the Golden State. No more. Texas officials on Thursday blamed the state’s largest-ever fire on electrical lines sparking in dry …
January 24, 2024
The Hartford confirmed this week it will discontinue writing new homeowners policies in California. The carrier reportedly has less than 1% of the state’s homeowners market. The Hartford issued the following statement following a request for comment for this article: …
November 30, 2023
By most measures, California usually tops the list of the states most at risk of fires, but a new report shows the state’s residents and their desires to stay warm in chillier months may be making the state even riskier. …
November 16, 2023
There is no longer any question of how to prevent high-intensity, often catastrophic, wildfires that have become increasingly frequent across the Western U.S., according to a new study by researchers at Columbia University Mailman School of Public Health and Stanford …
October 19, 2023
Pacific Gas & Electric – one of the nation’s largest utilities whose equipment has sparked some of California`s deadliest wildfires – wants to bury power lines in some of its most at-risk areas to prevent destructive blazes like the 2018 …
September 15, 2023
Power bills for about 16 million people in Northern California will likely increase after state regulators released two rate proposals for one of the nation`s largest utilities. The California Public Utilities Commission is finishing up its once-every-four- years review of …
September 14, 2023
Delos Insurance Solutions in California announced a $7.3 million seed extension round, enabling the managing general agent’s expansion in the California homeowners’ insurance market. The seed extension round was led by IA Capital Group. Participation in the round included Blue …
September 5, 2023
The Reinsurance Association of America has come out with a white paper on the California homeowners insurance market that urges policymakers consider the risks of inaction. The paper, “Dynamics and Challenges in California’s Homeowners Insurance Market,” provides background and recommendations …
September 5, 2023
A group of scientists used machine learning to quantify empirical relationships between temperature and the risk of extreme daily wildfire growth in California to show the influence of temperature on the risk – and they found that climate change boosts …
August 1, 2023
Crews battled “fire whirls” in California’s Mojave National Preserve as a massive wildfire crossed into Nevada amid dangerously high temperatures and raging winds. The York Fire was mapped at roughly 120 square miles on Monday night, with no containment. The …