Airbnb Billionaire Plans Factory-Built Homes for LA Fire Victims February 20, 2025 By John Gittelsohn Billionaire Joe Gebbia, the co-founder of Airbnb Inc. and a board member of Elon Musk’s Tesla Inc., plans to donate...
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...
Scientists Racing to Discover Depth of Ocean Damage From LA Wildfires February 19, 2025 By Dorany Pineda On a recent Sunday, Tracy Quinn drove down the Pacific Coast Highway to assess damage wrought upon the coastline by...
California Insurance Commissioner Rejects State Farm’s 22% Rate Request February 14, 2025 California Insurance Commissioner Ricardo Lara did not approve an emergency, interim 22% rate request from State Farm, instead calling a...
California Wildfire Mitigation And Recovery Bill Package Introduced February 14, 2025 California Insurance Commissioner Ricardo Lara and a group of state lawmakers are pushing a 10-bill legislative package designed to improve...
Los Angeles Sees Mudslides With Heavy Rains February 14, 2025 By Brian K. Sullivan Heavy rains caused flooding and mudslides in Los Angeles late Thursday and early Friday, as authorities ordered evacuations and warned...
PG&E Needs California’s Help to Calm Investors Post-Fire, CEO Says February 14, 2025 By Mark Chediak PG&E Corp. wants California to promptly shore up the state’s $21 billion insurance fund for utilities that is at risk...
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...