insured losses News

A California City Is Pioneering Urban-Scale Insurance for Climate Disasters

“Fire took everything, please help.” The headline was one of hundreds like it on GoFundMe campaigns that launched even as the embers of the fires in the Pacific Palisades and Altadena were still smoldering. They were a grim reminder that …

25 Pacific Palisades Fire Victims Sue LA and Water & Power

Twenty-five victims of the Palisades Fire victims filed an inverse condemnation lawsuit in the Los Angeles Superior Court against the City of Los Angeles and the Los Angeles Department of Water and Power, alleging the entities failed to maintain an …

Report: More Insurers in California Paying Wildfire Victims Without Itemized List

More insurers are paying contents coverage to California wildfire victims without requiring a detailed inventory, according to the California Department of Insurance. The CDI reported on responses from carriers following a notice issued by California Insurance Commissioner Ricardo Lara in …

Los Angeles County Sues Utility Edison Over Deadly Wildfire

Los Angeles County sued Edison International to recoup its losses from a January wildfire that was one of the most destructive in California history. The suit alleges that equipment owned by the company’s Southern California Edison utility caused the Eaton …

Newsom Leans on Veteran Republican to Push $40 Billion California Fire Aid

California Gov. Gavin Newsom is enlisting veteran Republican lawmaker Ken Calvert to help push his $40 billion wildfire aid request through Congress and secure President Donald Trump’s backing for rebuilding efforts. Calvert, 71, a longtime member of the powerful House …

Fire Danger in LA Is All Around, But Signals to Residents Are Mixed

In the era of cutting-edge computer modeling, satellite data and AI, there has never been more abundant information on the danger that wildfire poses to homes in the Los Angeles area. But that didn’t necessarily help thousands of homeowners correctly …

How Trump’s Mass Layoffs Raise Wildfire Risk in the West, According to Fired Workers

The termination letters that ended the careers of thousands of U.S. Forest Service employees mean fewer people and less resources will be available to help prevent and fight wildfires, raising the specter of even more destructive blazes across the American …

How Better Water Systems Can Help a City Survive The Next Firestorm

Santa Rosa. Paradise. Boulder County. Lahaina. Los Angeles. All are places that have shown that American cities and their water systems weren’t built to withstand wildfire, experts say. Related: California Wildfire Mitigation And Recovery Bill Package Introduced Hydrants trickled. Pumps …

LA Mayor Removes Fire Chief in Fallout From Palisades Blaze

Los Angeles Mayor Karen Bass removed Fire Chief Kristin Crowley, citing failures in the department’s response to the devastating Palisades wildfire. Bass appointed former LAFD Chief Deputy Ronnie Villanueva, a 41-year LAFD veteran, as interim chief while the city launches …

Zurich Insurance Sees $200 Million LA Wildfire Loss

Zurich Insurance Group AG is expecting pretax losses of $200 million from the January California wildfires as the insurer reported a 5% gain in profit for 2024. Group operating profit rose to $7.75 billion in the year, the company said …