Southern California Edison will begin its first close-up physical inspections of certain power equipment under investigation for possible links to the start of the Eaton Fire in Los Angeles early this year, Edison International CEO Pedro Pizarro told Reuters at …
Ahead of a decision from California’s insurance commissioner on a State Farm General request for emergency rate increases, company executives and representatives of a consumer group pled their opposing cases in letters to Commissioner Ricardo Lara. Breaking News Update: After …
Lloyd’s this week said it will lose $2.3 billion from the Los Angeles wildfires in January, adding to the number of companies that have paid out more than $1 billion in losses from the catastrophe. The company revealed the losses …
For many years, the homeowners insurance market operated as a relatively stable and predictable sector in California. Changes were incremental, and the market largely catered to established patterns of risk and pricing. This stability, however, has been disrupted recently, with …
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 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 …
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 …
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 …
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 …
California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfires, which he said could become the costliest natural disaster in U.S. history. Newsom sent a …
