All the headlines from our Wildfire Topic Page, ordered by recency.
Jan 23 2025 // Moody’s Ratings said in a report on Thursday that it expects the Los Angeles wildfires to increase property insurance costs across California.According to Moody’s, the state’s already noticeable insurance...
Jan 23 2025 // Catastrophe modeler KCC said insured loss from privately insured and California FAIR plan policies to residential, commercial and industrial properties, and autos from the Palisades and Eaton Fires will be close to $28...
Jan 23 2025 // Two new wildfires that erupted in Southern California are spreading quickly over dry hillsides and forcing evacuations, stoking new fears in a region that’s been devastated by recent deadly blazes.The Hughes Fire,...
Jan 23 2025 // 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...
Jan 23 2025 // Toni Boucher threw up the first time she saw the charred remains of her home and neighborhood after this month’s deadly Los Angeles-area wildfires. Now she wonders if it’s worth it to go back to sift through...
Jan 22 2025 // Among natural disasters, wildfires are the great unknown. Even the most-sophisticated scientific models fail to capture all the risk factors or properly account for the increasing impact of climate change.It’s a...
Jan 22 2025 // 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...
Jan 22 2025 // As southern California continues to suffer from wildfires, officials in another part of the country fear their area could be next – thanks to tons of dry wood left over from Hurricane Helene’s wind and...
Jan 21 2025 // 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...
Jan 17 2025 // California politicians are rushing to make it easier for residents to rebuild their homes incinerated in the Los Angeles firestorms. That means waiving green construction mandates designed to combat climate change —...
Jan 17 2025 // CoreLogic announced a preliminary range of insured losses for the Eaton and Palisades Fires in Los Angeles of $35 billion to $45 billion, but there are a lot of factors that could change the numbers.“We don’t...
Jan 17 2025 // Here’s stark warning in a new report from a group of actuaries: the global economy could face a 50% loss in GDP between 2070 and 2090.That is if immediate policy actions on risks posed by climate change are not...
Jan 16 2025 // The Eaton Fire in central Los Angeles County poses a potential credit risk to power provider Southern California Edison, which operates electrical lines in the area where the destructive blaze first started, Moody’s...
Jan 16 2025 // There has been some question about whether California’s insurer of last resort – the FAIR Plan – has enough cash on hand to pay for its share of wildfire claims. As surplus is inadequate and reinsurance has a...
Jan 16 2025 // I watched as the skies over my home in Los Angeles turned an apocalyptic orange on January 7, 2025, as wildfires raged across the state. Among the most devastating, the Palisades Fire consumed thousands of acres, leaving a...
Jan 16 2025 // The dry, dangerous winds that have kept fire-scarred Los Angeles on edge for days are finally forecast to end — but a lack of rain and another round of winds forecast next week has officials worried.“Things are...
Jan 16 2025 // Industry analysts’ early estimates of insurance industry losses for the January 2025 California wildfires have already grown from $8 billion to $40 billion-plus—with many noting that it’s too early for...
Jan 16 2025 // Devastating fires in the Los Angeles area are likely to put modest pressure on the U.S. national economy in the near term but are unlikely to derail strong forward momentum, economists say.Forecasters reckon the...
Jan 14 2025 // As deadly wildfires continue to rage in Los Angeles, a Republican congressman from Texas says federal lawmakers will consider tying relief funding for California to policy changes in the state.“California has some...
Jan 14 2025 // The cost of wildfires ravaging swaths of Los Angeles keeps rising, with new estimates of the total losses for the insurance industry now seen as high as $40 billion.The fresh figure Jan. 14 from Keefe Bruyette & Woods...