All the headlines from our Wildfire Topic Page, ordered by recency.
Feb 26 2018 // Warren Buffett’s Berkshire Hathaway’s combination of insurance entities have recorded 14 consecutive years of underwriting profit worth more than $28 billion. The Oracle from Omaha has repeatedly warned his...
Feb 9 2018 // American International Group reported a net loss of $6.7 billion for the fourth quarter of 2017, compared to a net loss of $3.0 billion in the prior-year quarter. The fourth quarter of 2017 net loss included a charge of...
Feb 8 2018 // A Washington-based conservative group is suing for information on the U.S. government’s “backstage work” on the Paris agreement it says will help pave the way for President Trump’s withdrawal from...
Feb 7 2018 // This post is part of a series sponsored by CoreLogic.CoreLogic® analyzes and evaluates the number and severity of natural hazard events that occur across the U.S. in its Natural Hazard Risk Summary and Analysis in order...
Feb 5 2018 // Firefighters say wildfires have scorched thousands of acres of dry grasslands in northeastern Oklahoma.Dozens of firefighters fought a grassfire along Oklahoma Highway 20 in Osage County Saturday evening that officials say...
Feb 5 2018 // Firefighters say wildfires have scorched hundreds of acres in western Oklahoma, damaging fences and equipment but causing no injuries.Capt. Forrest Valentine of the Clinton Fire Department said firefighters battled two...
Feb 5 2018 // Texas is suing a vegetation management company that it alleges caused the 2011 Bastrop County Complex Fire, the most destructive wildfire in Texas history.The lawsuit filed on Jan. 19 by Texas Attorney General Ken Paxton...
Feb 5 2018 // CoreLogic’s annual Natural Hazard Risk Summary and Analysis released in late January shows that 2017 was a year of relatively average activity for most U.S. natural hazards with the exception of wildfires in...
Jan 31 2018 // Insurers have received nearly 45,000 insurance claims totaling more than $11.79 billion in losses from the wildfires that burned across the state in October and December 2017, California Insurance Commissioner Dave Jones...
Jan 31 2018 // Chubb had a solid last quarter of 2017 and year even though challenged by wildfire and other catastrophe costs. Fourth quarter results were enhanced by a one-time gain from the Trump tax cuts.The insurer booked $1.5...
Jan 30 2018 // Firefighters say wildfires have scorched hundreds of acres in western Oklahoma, damaging fences and equipment but causing no injuries.Capt. Forrest Valentine of the Clinton Fire Department said Sunday firefighters battled...
Jan 25 2018 // CoreLogic’s annual Natural Hazard Risk Summary and Analysis shows that 2017 was a year of relatively average activity for most U.S. natural hazards with the exception of wildfires in California and flooding from...
Jan 24 2018 // Insured losses for last year’s 330 natural catastrophes reached US$134 billion, or 38 percent of their economic price tag of $353 billion, according to a report published by Impact Forecasting, Aon Benfield’s...
Jan 23 2018 // Losses from the Thomas Fire in Southern California are expected to fall between $1 billion and $2.5 billion, a catastrophe modeling firm said on Tuesday.The Thomas Fire, which raged across Southern California’s...
Jan 23 2018 // Texas is suing a vegetation management company that it alleges caused the 2011 Bastrop County Complex Fire, the most destructive wildfire in Texas history.The lawsuit filed on Jan. 19 by Texas Attorney General Ken Paxton...
Jan 23 2018 // Property/casualty insurance giant Travelers Companies Inc. reported net income of $551 million for the quarter ended December 31, 2017, a 42 percent drop compared to $943 million in the prior year quarter. The drop was...
Jan 22 2018 // XL Group Ltd. in mid-January announced preliminary estimates of natural catastrophe net losses of roughly $45 million related to the recent wildfires in Southern California and $20 million related to other events.The...
Jan 22 2018 // California Insurance Commissioner Dave Jones in mid-January released a report on the growing problem of homeowners fire insurance availability and affordability in many areas throughout the state.The report recommends...
Jan 22 2018 // Surplus lines in California had a great year with more premium and more items, such as policies and endorsements sold.However, surplus lines brokers had to work harder for all that premium. That’s according to Ben...
Jan 18 2018 // Glenn Pomeroy, CEO of the California Earthquake Authority, is as enthusiastic of an earthquake policy salesman as you’ll find anywhere.Pomeroy has headed the state’s privately funded, publicly managed seller of...