Southern California Edison’s equipment ignited nearly 60% more fires in 2024 than in the previous year, mainly tiny ones that...
insured losses News
Although Mercury Insurance Group expects gross losses from the 2025 California wildfires in the $1.6 billion-$2.0 billion range, potential subrogation...
Reflecting intensifying wildfires and updated science, new state maps designate more than 2.3 million acres of local land in California...
Another major California insurer is reporting losses in excess of $1 billion from the Los Angeles area wildfires. The Travelers...
Edison International’s utility is looking at whether a power line retired in 1971 started the Eaton wildfire as part of...
Economic losses from the fires that tore through Los Angeles County in January range from $95 billion to $164 billion,...
Preliminary data show insurance companies have paid out more than $4 billion for losses from the biggest two of the...
Climate change made Southern California’s dangerous wildfire conditions in early January 35% more likely than they would have been before...
The impact of the historic Los Angeles-area wildfires is being broadly examined and continually refined, with updates almost daily on...
Moody’s RMS Event Response said insured losses for the January 2025 Los Angeles fires will likely fall in the $20...