Mercury Expects to Lose $1.6B to $2B From LA Wildfires February 13, 2025 By Susanne Sclafane Although Mercury Insurance Group expects gross losses from the 2025 California wildfires in the $1.6 billion-$2.0 billion range, potential subrogation...
2 Million Acres in California Designated High Or Very High Fire Danger Areas February 13, 2025 By Julie Cart Reflecting intensifying wildfires and updated science, new state maps designate more than 2.3 million acres of local land in California...
Travelers Expecting $1.7 Billion in Catastrophe Losses From LA Wildfires February 11, 2025 Another major California insurer is reporting losses in excess of $1 billion from the Los Angeles area wildfires. The Travelers...
Edison Probing Retired Power Line as Possible Start of LA Eaton Fire February 7, 2025 By Mark Chediak Edison International’s utility is looking at whether a power line retired in 1971 started the Eaton wildfire as part of...
LA Wildfire Losses Seen as High as $164 Billion, UCLA Says February 5, 2025 By John Gittelsohn Economic losses from the fires that tore through Los Angeles County in January range from $95 billion to $164 billion,...
Insurance Payouts at $4 Billion and Counting for LA Wildfires January 30, 2025 By Don Jergler Preliminary data show insurance companies have paid out more than $4 billion for losses from the biggest two of the...
Climate Change Made LA 35% More Primed to Burn, Scientists Say January 29, 2025 By Eric Roston Climate change made Southern California’s dangerous wildfire conditions in early January 35% more likely than they would have been before...
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...
Moody’s RMS Adds to LA Fires Insured Loss Estimates With Range of $20B-$30B January 20, 2025 Moody’s RMS Event Response said insured losses for the January 2025 Los Angeles fires will likely fall in the $20...
Smoke, Coverage Issues Cloud Wildfire Forecast: $35-$45B Losses Insured January 17, 2025 By Susanne Sclafane CoreLogic announced a preliminary range of insured losses for the Eaton and Palisades Fires in Los Angeles of $35 billion...