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Containment Grows on Southern California Wildfire As Evacuation Orders Lifted
Jun 30 2025 // Firefighters made quick progress battling a wildfire in Southern California, which is now 25% contained after burning 485 acres in San Bernardino County and prompting evacuations. The Lake Fire erupted Saturday afternoon...
Wall Street Backs LA Wildfire Lawsuits, Chasing Billions
Jun 30 2025 // The Los Angeles wildfires have generated potentially thousands of new clients for lawyers and prospects for billions in fees. Wall Street wants in on the action, too. The chance at a piece of strong returns has encouraged...
Hedge Fund Strategy Built on Catastrophes Taps a Hot New Trend – Parametrics
Jun 30 2025 // One of the most successful hedge fund strategies of recent years — insurance-linked securities — is latching on to an old idea whose popularity is suddenly soaring. Parametric insurance, where policyholders get quick...
As Hurricane Season Picks Up, Key Forecasting Tool Access Set to End
Jun 30 2025 // US National Hurricane Center (NHC) forecasters accurately predicted Hurricane Erick would explode in intensity as it hit Mexico’s Pacific coastline. Now, key tools that helped inform that outlook will go away by the...
Two More Insurers Enter Florida Market as Hurricane Season Warms Up
Jun 30 2025 // Two more property insurers have put their toes in the Florida market this summer, bringing to 14 the number of new carriers in the state since 2023. It’s another sign that legislative discouragement of claims...
Oregon Legislature Repeals Contested Wildfire Hazard Map
Jun 27 2025 // Oregon lawmakers have voted to repeal the state’s contentious wildfire hazard map, which subjected homeowners in certain areas at high risk of wildfires to stricter building codes and requirements to reduce...
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