All the headlines from our Wildfire Topic Page, ordered by recency.
Feb 12 2025 // Utility company Hawaiian Electric on Tuesday welcomed the Hawaii Supreme Court’s decision towards finalizing the more than $4 billion settlement related to the 2023 Maui wildfires saying it was favorable to the...
Feb 12 2025 // Wildfire Defense Insurance Services Inc. has launched wildfire only coverage for E&S commercial property in California. The product is available for a range of commercial property classes of business. The target class...
Feb 11 2025 // California Insurance Commissioner Ricardo Lara approved a California FAIR Plan request for a $1 billion assessment on admitted market insurers to cover claims from the Los Angeles wildfires.The FAIR Plan reported it has...
Feb 11 2025 // Another major California insurer is reporting losses in excess of $1 billion from the Los Angeles area wildfires.The Travelers Companies Inc. announced Tuesday it will lose an estimated $1.7 billion from last month’s...
Feb 11 2025 // Hawaii’s Supreme Court heard arguments last week over insurance issues that are tying up a potential $4 billion settlement over Maui’s catastrophic 2023 wildfire, the deadliest in the U.S. in more than a...
Feb 7 2025 // Meteorologists are warning of an elevated risk of dangerous debris flows and destructive mudslides in Southern California next week in areas scorched by destructive Los Angeles wildfires.AccuWeather meteorologists expect...
Feb 7 2025 // Before a wildfire ravaged their street in northwest Altadena, Louise Hamlin and Chris Wilson lived next door to each other in nearly identical houses.“I chose an old home in an old neighborhood because it has...
Feb 6 2025 // Wildfires are intensifying the problems in California’s property insurance market, according to a new commentary from AM Best.Those problems include a major insurer pullback from California in the past year, followed...
Feb 5 2025 // The insurance industry admittedly may not be as glamorous as high-tech, investment banking, advertising, or Hollywood. After all, consider that the most influential publication on what’s happening in property &...
Feb 5 2025 // USAA has paid out more than $1 billion for the Los Angeles wildfires, making it the third insurer to report $1 billion or more in payouts for the destructive blazes that burned thousands of properties.The company, which is...
Feb 5 2025 // Economic losses from the fires that tore through Los Angeles County in January range from $95 billion to $164 billion, according to a new report, potentially making the blazes the second-costliest natural disaster in U.S....
Feb 4 2025 // Weeks after wildfires that killed at least 29 people and destroyed entire neighborhoods, Southern California is facing another extreme-weather threat: Too much rain.After drenching the northern part of the state, a massive...
Feb 3 2025 // State Farm General said on Monday it is asking the California Department of Insurance to immediately approve interim rate increases, including 22% average for homeowners.The carrier, the state’s top homeowners...
Feb 3 2025 // Not far from where Ceci Carroll lives, a rock-mining company has polluted the air with dust across the San Gabriel Valley, she said.Now, as crews clean charred remains from the Los Angeles wildfires, she worries about a...
Feb 3 2025 // RenaissanceRe expects to incur about $750 million in losses from the January 2025 California wildfires—and anticipates that industrywide impacts should halt the drop in property-catastrophe reinsurance prices observed at...
Jan 31 2025 // Lawyers representing victims of a deadly Hawaii wildfire reached a last-minute deal averting a trial that was scheduled to begin Wednesday over how to split a $4 billion settlement.The agreement means victims and survivors...
Jan 30 2025 // Preliminary data show insurance companies have paid out more than $4 billion for losses from the biggest two of the Los Angeles-area wildfires that swept through the region and destroyed tens of thousands of homes earlier...
Jan 28 2025 // Southern California Edison, a unit of utility Edison International, said on Monday preliminary analysis of data showed a “momentary and expected increase in current” on its energized lines in the Eaton Canyon...
Jan 24 2025 // The impact of the historic Los Angeles-area wildfires is being broadly examined and continually refined, with updates almost daily on insured losses, total economic losses and damages, credit ratings—and lately worrying...
Jan 23 2025 // California Insurance Commissioner Ricardo Lara is asking all California insurance companies to provide advance payments on claims for Los Angeles wildfire survivors.Lara’s order is designed to help speed the recovery...