All the headlines from our Wildfire Topic Page, ordered by recency.
Dec 13 2019 // Note: This is been updated with a statement from Lara’s office.The FAIR Plan today filed a petition for a writ of mandate seeking to have a court annul, vacate, or withdraw an order issued last month by the...
Dec 9 2019 // PG&E Corp. surged on the strength of a Friday announcement it had secured a $13.5 billion settlement with victims of wildfires ignited by its power lines, a step toward resolving the biggest utility bankruptcy in U.S....
Dec 6 2019 // California Insurance Commissioner Ricardo Lara will have to choose whether he wants insurers to charge higher rates or to stop writing homeowners insurance in fire-prone areas, an industry representative said following new...
Dec 5 2019 // California Insurance Commissioner Ricardo Lara on Thursday issued a mandatory one-year moratorium on insurance companies non-renewing policyholders, a move he says will help at least 800,000 homes in wildfire disaster...
Dec 5 2019 // Bankrupt California power producer PG&E Corp. is close to finalizing terms for a $13.5 billion payout to victims of wildfires triggered by its power lines, Bloomberg reported on Wednesday, citing people familiar with...
Dec 4 2019 // This post is part of a series sponsored by CoreLogic.As strong winds further exasperate the prime weather conditions for wildfires in California, efforts to save lives and property are a foremost priority of emergency...
Dec 3 2019 // Bankrupt California power producer PG&E Corp. did not properly inspect and replace transmission lines before a faulty wire sparked a wildfire that killed more than 80 people in 2018, a probe by a state regulator has...
Dec 2 2019 // Note: This has been updated with FAIR Plan comments below.Changes to the insurance plan offered by California’s property insurer of last resort could possibly go into effect as early as the next few months – that...
Dec 2 2019 // The nation’s largest utility said Friday that its distribution lines haven’t sparked any major wildfires since it began shutting off power to Northern California customers during periods of high fire...
Dec 2 2019 // California utility PG&E Corp. has imposed 10 intentional blackouts this year to reduce risks its power infrastructure could spark wildfires and said they will continue for a decade.PG&E initially said outages would...
Nov 27 2019 // Lauris Bye, a homebuilding industry veteran who moved to Southern California’s wildfire-prone hills decades ago, felt confident about the newly built house he was buying about 30 miles north of downtown Los...
Nov 25 2019 // California utility PG&E Corp. has imposed 10 intentional blackouts this year to reduce risks its power infrastructure could spark wildfires and said they will continue for a decade.PG&E initially said outages would...
Nov 25 2019 // The Santa Ana winds were blowing as Greg Medeiros ducked behind his Chevy Tahoe on a remote hillside 25 miles from the edge of Los Angeles’s sprawl. He gestured to the valley below, describing his vision of...
Nov 22 2019 // Premium volume from homeowners polices written by California’s surplus lines industry, although still small, has doubled over the past four years, seemingly pushed by an increase in wildfires in the state.Some...
Nov 21 2019 // Insurers can no longer put off addressing the impact of climate change on their underwriting, pricing, and investment decisions, as well as their bottom lines, a recent analysis from Deloitte asserts.“The escalating...
Nov 21 2019 // About 50,000 homes and businesses across Northern California were without power on Wednesday during the latest planned outage instituted by utility Pacific Gas & Electric Co. to guard against risk of wildfire during...
Nov 20 2019 // California Insurance Commissioner Ricardo Lara on Wednesday issued an emergency notice to all property/casualty insurers doing business in California requesting they expedite claims handling for wildfire survivors to help...
Nov 20 2019 // PG&E Corp. says it has found suspicious monetary claims by victims of California’s wildfires, including one from a man who says a 500-pound (227-kilogram) emerald worth $280 million was destroyed at his home a...
Nov 19 2019 // Fire tornadoes are set to become a more common feature of the Australian landscape as climate change takes hold later this century.That’s according to new research from the University of New South Wales’s...
Nov 18 2019 // Nearly a year after the deadliest and costliest wildfire in U.S. history, insurers and the customers they cover are revisiting how to reduce their collective exposure to this risk, according to the Insurance Information...