Wildfires ravaging South Korea over the past week have killed at least 24 people, making it the country’s worst forest fire disaster in about three decades, as firefighters struggled to contain multiple blazes that have broken out in the country’s …
Wildfires have hit several regions in western Japan, injuring at least two people, forcing dozens of residents to evacuate and damaging a number of homes as hundreds of firefighters battled the widening blazes in the mountainous areas. The fires in …
“Fire took everything, please help.” The headline was one of hundreds like it on GoFundMe campaigns that launched even as the embers of the fires in the Pacific Palisades and Altadena were still smoldering. They were a grim reminder that …
First came a dry spell that parched the land, then a spark, followed by some wind. Suddenly, swaths of South Carolina were consumed by voracious flames. More than 100 fires ignited in the state last weekend — an unusually high …
Japan is battling its worst wildfire in four decades, forcing thousands of people to flee amid some of the driest weather on record. At least one person has been killed since the blaze broke out Feb. 26 near the the …
Germany’s Munich Re expects about 1.2 billion euros ($1.26 billion) in claims resulting from the Los Angeles wildfires, it said on Wednesday, representing the biggest loss reported so far by a single European reinsurer for the January catastrophe. The wildfires …
Federal firefighters have found their jobs on the chopping block as a result of US President Donald Trump’s executive orders, with a hiring freeze simultaneously blocking reinforcements in the aftermath of the Los Angeles wildfires and ahead of the upcoming …
The Los Angeles wildfires could consume more than 30% of the aggregate natural catastrophe budgets set for 2025 by Europe’s four largest reinsurers – Swiss Re, Munich Re, Hannover Re and SCOR, according to a Fitch Ratings commentary. Insured losses …
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 …
Moody’s RMS Event Response said insured losses for the January 2025 Los Angeles fires will likely fall in the $20 billion to $30 billion range. The Jan. 17 estimate from Moody’s RMS came a day after CoreLogic put out a …
