wildfire News

Another California Utility Loses Billions in Value as Wildfire Rages

Once again, thousands are fleeing a wildfire in California. And, once again, the worry on Wall Street is that a major electric utility might end up on the hook for the damages. Shares of Edison International plunged the most in …

Former Maine Fire Chief Admits Starting Blaze That Burned 42 Acres

A former Maine fire chief has pleaded guilty to setting a wildfire that burned 42 acres in 2016. The Journal Tribune reports that 61-year-old Ricky Plummer pleaded guilty Wednesday to starting the fire when he was chief, under an agreement …

Insured Loss Estimates from California Wildfires Now up to $8 Billion

Insured losses from the siege of California wildfires could possibly reach $8 billion, according to new estimates released on Friday by catastrophe modeler RMS. The firm now estimates the insured loss for the wildfires impacting Sonoma, Napa, Solano, Lake and …

California Wildfires Threaten Significant Losses for P/C Insurers, Moody’s Says

Moody’s released a report on Monday assessing the impact of the wildfires in California on property/casualty insurers. “Based on history and the number of structures damaged, insured losses will run into the billions of dollars, a credit negative,” the report …

Drought-Ending Rain Built up Fuel to Feed Deadly California Fires

There’s a dark side to the torrent of precipitation that ended California’s long drought earlier this year: Rain and snow pumped life back into bushes, shrubs and grasses and created ideal fuel for infernos. They’ve been raging since Sunday in …

Northern California Wildfires Burn Wine Country Homes, Force Evacuations

Firefighters battled roughly 10 wind-whipped fires across Northern California’s wine country early Monday, triggering a rush by residents to flee the area. Mandatory evacuations were ordered after blazes broke out late Sunday across four counties as strong winds buffeted the …

Firefighters Douse Hot Spots in California Blaze

Fire crews with support from a fleet of aircraft have continued to douse hot spots of a wildfire that burned up to canyon homes in Southern California. Orange County Fire Capt. Steve Concialdi says there are no more open flames …

Rain and Snow Help Montana Wildfires But Won’t End Season

Rain snow and cold have replaced heat and smoke after about two dry months on Montana’s fire lines, leaving crews scrambling for extra sleeping bags, heaters, coats and long underwear. While the change in weather is welcome, it brings its …

Fire Management Assistance Granted for California’s Pier Fire

The Federal Emergency Management Agency has authorized the use of federal funds to assist California in fighting the Pier Fire burning in Tulare County. The state submitted a request for a fire management assistance for the Pier Fire on Sept. …

Western U.S. Wildfires Force Evacuations of Thousands

Wildfires forced thousands to flee their homes across the U.S. West during a sweltering, smoke-shrouded holiday weekend of record heat. The fires caused evacuations in Glacier National Park in Montana and many other parts of the West; compelled crews to …