Wildfires in Carolinas Prompt Evacuations March 25, 2025 Wildfires forced a mandatory evacuation Sunday in a North Carolina county still recovering from Hurricane Helene, and South Carolina’s governor...
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...
Texas Panhandle Ranchers Look to Rebuild After Wildfires March 6, 2024 By Joshua Fetcher, The Texas Tribune and Neelam Bohra, The Texas Tribune CANADIAN — Farmers and ranchers in the Panhandle lost livestock, buildings and infrastructure in the wildfires still raging through the...
What 3Q Catastrophe Losses Mean for U.S. P/C Results October 16, 2020 Driven by an elevated frequency of events during the quarter, third quarter natural catastrophe losses for the U.S. property/casualty insurance...
Why Utilities Are Turning to Bond Market to Pay for Natural Disaster Losses February 11, 2020 By Will Wade and Mark Chediak Fires and floods are sending some of the nation’s largest utilities to the bond market to cover huge, unexpected bills....
How Forested Communities Are Trying to Adapt to Growing Wildfire Threat September 23, 2019 By DUSTIN PATAR and ANTON L. DELGADO Unless it’s Sunday, Kelly Loew is steering her rusty red Jeep down the same mail route in Shingletown, as she...
Assessing Wildfires’ Impact on P/C Insurers’ 2018 Results December 20, 2018 Fitch Ratings said it expects the November wildfires in California to have some but not great impact on property/casualty insurers’...
Allstate’s Shares Fall Under Weight of Wildfire Losses December 17, 2018 By Katherine Chiglinsky Allstate Corp. tumbled for nine straight days, the longest string of losses since 2001, as coverage costs from the deadliest...
Latest Estimates of Insured Losses from California Wildfires at $9B to $13B November 19, 2018 Insured losses from the Camp and Woolsey wildfires in California will be between $9 billion and $13 billion, according to...
Chubb $380M Q1 Cat Loss Estimate Includes California Wildfires, East Coast Storms April 4, 2018 Chubb Limited released preliminary net loss estimates for the first quarter of 2018 attributable to natural catastrophes, including the California...