The Los Angeles Department of Water and Power is returning to the municipal bond market with a $1 billion offering, roughly three months after shelving a sale in the immediate wake of historic wildfires that began burning in Southern California …
The Los Angeles Department of Water and Power is facing the risk of significant financial liability for damages in the utility’s response to the Palisades Fire, according to Pacific Investment Management Co. “Given the sheer size of insured and uninsured …
Catastrophe modeler KCC said insured loss from privately insured and California FAIR plan policies to residential, commercial and industrial properties, and autos from the Palisades and Eaton Fires will be close to $28 billion. That’s in line with estimates issued …
LOS ANGELES, Jan 11 (Reuters) – Aircraft dropped water and fire retardant on steep hills to stem the eastward spread of the Palisades wildfire in Los Angeles on Saturday as on-the-ground firefighting intensified amid warnings of wind gusts of up …
Editor’s note: This story has been updated with new AccuWeather total loss estimates. With aerial firefighting returning as strong Southern California winds died down for a bit, damage assessments from a handful of destructive Los Angeles area blazes are sure …
