While the Los Angeles wildfires inch closer toward containment, estimates of insured losses continue to creep higher. CoreLogic said the industry price tag of the Palisades and Eaton fires could land between $35 billion and $45 billion. Moody’s RMS, in …
Delos Insurance Solutions plans to offer wildfire insurance to more California policyholders with vacant properties. Delos is expanding coverage availability through a partnership with certain underwriters at Lloyd’s of London. San Francisco, California-based Delos is a managing general agent that …
Delos Insurance Solutions, a property insurtech managing general agent (MGA), has created a new insurance product with Canopius US Insurance designed to improve the homeowners insurance options for those living in wildfire regions in California and across the United States. …
Own a home? No doubt you’ve insured it. Very sensible of you. But if that home were, say, burned to the ground, then your insurance company probably wouldn’t cover the cost of rebuilding it. Don’t feel too bad, though. It’s …
Oregon is considering another year of insurance coverage to help pay for catastrophic wildfire seasons. British insurance giant Lloyd’s is offering the state another year of coverage despite three consecutive years of expensive, drought-fueled wildfires. The policy could protect the …
Forest managers would prefer to use prescribed burns every few years to help prevent costly wildfires and rebuild unhealthy ecosystems, but hurdles like staffing, budget, liability and new development hinder them, a new University of Florida study shows. Fighting wildfires …
