All the headlines from our Wildfire Topic Page, ordered by recency.
Nov 15 2019 // In the wake of two years of devastating wildfires in California, Wall Street is incorporating a new risk metric when evaluating companies: climate resiliency.Investors, analysts, research firms and companies are putting...
Nov 14 2019 // Scores of wildfires continued to rage across vast tracts of Australia’s drought-stricken east coast on Wednesday, forcing hundreds of residents to evacuate their homes, some for the second time in a week.The most...
Nov 14 2019 // Extreme floods in Venice, fires in Australia and even an outbreak of plague in China have been attributed to climate change this week, while researchers have warned that global warming could saddle future generations with...
Nov 13 2019 // PURE Programs has launched a new High Wildfire Risk Homeowners Insurance program, with coverages for retail insurance brokers serving clients that own high value homes in California at greater-risk of loss from...
Nov 12 2019 // If you’re worried that wildfires might have created shortages of Northern California’s 2019 cabernet sauvignon, or even just imparted it with an undesirable smoky flavor, you can relax. The wine is just fine....
Nov 12 2019 // PG&E Corp. wildfire victims have filed a new lawsuit arguing they must be fully repaid for the losses of their homes and businesses before fire insurers are as part of the utility’s bankruptcy.The case takes aim...
Nov 8 2019 // Pacific Gas & Electric is reporting substantial losses for the third quarter, driven by catastrophic wildfires that have been blamed on the utility’s outdated transmission lines. The company anticipates those...
Nov 8 2019 // Typhoon Hagibis is likely to become one of 2019’s costliest events, with economic costs of more than US$10 billion and insured losses minimally in the billions, according to Aon’s monthly catastrophe report.The...
Nov 7 2019 // There was “no way in hell” Victoria Sinclaire was rebuilding in Paradise, Calif.She’d thought she was going to die during the six hours it took her to escape the deadliest and most destructive wildfire in...
Nov 6 2019 // Pacific Gas & Electric has agreed to extend by two months the deadline to file claims against the company for damages suffered from a series of wildfires in California.Lawyers for the victims asked to extend the...
Nov 6 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...
Nov 5 2019 // A small earthquake has rattled a Northern California wine region where a huge wildfire was burning, the United States Geological Survey confirmed.The USGS reported the quake with a preliminary magnitude of 4.2 struck at...
Nov 1 2019 // A wildfire that erupted overnight near Los Angeles has forced 7,500 people to flee as the tail end of a powerful windstorm takes its a final swing at Southern California.The blaze in Ventura County ripped through more than...
Nov 1 2019 // Australia faces the prospect of more severe cyclones, wildfires and floods as the climate warms, the nation’s largest insurer said.A 3 degree Celsius increase in global temperatures will lead to higher intensity...
Nov 1 2019 // Some insurers may be facing sizable risks stemming from the latest round of California wildfires now raging, but Chubb Chairman and CEO Evan Greenberg insists his company isn’t one of them.“We do have a quota...
Oct 31 2019 // While the number of burned acres in 2019 is still well below the number reported last year through October, experts predict the greatest fire potential will occur from now through December as the Santa Ana winds pick up,...
Oct 31 2019 // Several dozen activist groups, businesses and elected representatives released a letter on Thursday to the CEOs of Liberty Mutual, AIG and Farmers calling on the three biggest fire insurers in California to stop fueling...
Oct 30 2019 // A catastrophe modeler released figures on Wednesday showing how costly ongoing California blazes could potentially be as blustery winds make for increasingly dangerous fire risk up and down the state.Damages from the fires...
Oct 29 2019 // PG&E Corp. told a judge it’s willing to extend the deadline for victims of wildfires caused by the utility’s equipment to file claims in its bankruptcy.U.S. District Judge James Donato criticized the...
Oct 29 2019 // PG&E Corp. investors looking to learn their fate may not get the answer from the bankrupt power company. Instead, the key data point could pop up within days on the website of California’s forestry...