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...
Too High? Too Low? BMS Analyzes Early Wildfire Insured Loss Estimates January 16, 2025 By Susanne Sclafane Industry analysts’ early estimates of insurance industry losses for the January 2025 California wildfires have already grown from $8 billion...
Economists Say Los Angeles Fire to Have Limited National Economic Impact January 16, 2025 By Michael S. Derby Devastating fires in the Los Angeles area are likely to put modest pressure on the U.S. national economy in the...
Update: LA Wildfire Insurance-Loss Estimates Approach $40 Billion January 14, 2025 By Alexandre Rajbhandari The cost of wildfires ravaging swaths of Los Angeles keeps rising, with new estimates of the total losses for the...
California Wildfires Wrapup: Aerial Assault Aims to Stem LA Palisades Fire Spread January 11, 2025 LOS ANGELES, Jan 11 (Reuters) – Aircraft dropped water and fire retardant on steep hills to stem the eastward spread...
Update: Re/Insurer Losses From LA Wildfires Expected to Be Significant but Manageable January 10, 2025 By L.S. Howard Insurers are facing significant losses from the catastrophic Los Angeles wildfires — given the high value of homes and businesses...
Edison Denies LA Wildfire Involvement as Insurers Ask It to Preserve Evidence January 10, 2025 Southern California Edison said on Thursday it had received notices from insurance companies to preserve evidence related to the Eaton...
Catastrophe Bond Funds Say They’ll Dodge Losses as LA Fires Rage January 10, 2025 By Gautam Naik The wildfires sweeping through Los Angeles are unlikely to trigger significant losses for catastrophe bonds designed to capture such risks....