Farmers Estimates $600M in Losses from LA Wildfires February 19, 2025 Farmers said on Wednesday that it expects losses from the Los Angeles wildfires last month to reach an estimated $600...
Insurers Have Now Paid Out Nearly $7B for LA Wildfires, Report Shows February 13, 2025 Insurance companies have so far paid out more than $6.9 billion for losses from the biggest two of the Los...
Southern California Edison Gear Ignited More Fires in 2024 Than Previous Year February 13, 2025 By Tim McLaughlin Southern California Edison’s equipment ignited nearly 60% more fires in 2024 than in the previous year, mainly tiny ones that...
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...