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Prediction Market Bets on Wildfires Draw Scrutiny From Senators
Aug 5 2026 // A group of Democratic senators urged the Commodity Futures Trading Commission to rein in prediction market trading on wildfires, expressing concern that individuals could be tempted to commit arson to make their bets pay...
Europe’s Wildfire Season Exposes Climate Insurance Protection Gap
Aug 4 2026 // Domestic insurers are expected to absorb most of the losses from Europe’s worst wildfire season in recent history, but the blazes are also raising a bigger question: who will pay as climate-driven disasters become...
Wildfires Fan Record Sales of Catastrophe Bonds to Backstop Risk
Aug 3 2026 // Insurers are turning to catastrophe bonds to pass on historic levels of wildfire risk to the capital markets. Issuance of cat bonds that include exposure to wildfires has already soared to more than $5 billion so far this...
Wildfires Destroy Hundreds of Structures in Washington State
Aug 3 2026 // Hundreds of structures have been destroyed and tens of thousands of people have been evacuated, as wildfires rip through eastern Washington state in what Spokane Mayor Lisa Brown called “the worst natural disaster...
Why Wildfires Pose Multiple Threats to US West Power Sector: Maguire
Jul 27 2026 // For years, wildfire season was largely viewed as a threat to homes, forests and utility infrastructure in the American West. But as smoke from fires blankets large swaths of the country, it is becoming something else too:...
Wildfires Force France to Evacuate Tourists From Campsites
Jul 23 2026 // Wildfires forced French authorities to evacuate some 20,000 residents and tourists from an area southwest of Bordeaux, after successive heat waves created tinderbox conditions. Hundreds of firefighters are battling blazes...
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