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Hurricane Forecasts Are Better Than Ever But NOAA Cuts Could Change That
May 6 2025 // The National Hurricane Center‘s forecasts in 2024 were its most accurate on record, from its one-day forecasts, as tropical cyclones neared the coast, to its forecasts five days into the future, when storms were only...
Lemonade Posts Q1 Loss on Wildfires, Spending; Auto Product Positioned to Grow
May 6 2025 // Insurtech Lemonade reported a first quarter 2025 net loss of about $62.4 million compared to a loss of $47.3 million a year ago during the same time.The decline, according to a letter to shareholders, was due primarily to...
AmeriCorps Cuts Leave Vulnerable Homeowners Struggling After Natural Disasters
May 5 2025 // Years had passed since Hurricane Harvey’s howling winds and heavy rains tore apart Dan Lee’s century-old roof in West Columbia, south of Houston. Then came the knock on his door.It was Mosaic in Action, a...
Travelers Income Drops 65% on Catastrophe Losses, Primarily California Wildfires
May 5 2025 // The Travelers Cos. said first-quarter 2025 fell 65% on an underwriting loss of $305 million.Travelers posted first-quarter net income of about $395 million compared to about $1.1 billion during Q1 2024. The underwriting...
Poll: High Cost of Living Fears Were Made Worse by LA Wildfires
May 5 2025 // The high cost of living remains a main concern in America’s largest exacerbated by the January wildfires is one of the biggest worries bothering residents of Los Angeles County.A survey focused on the county, the...
California Sets Aside $170M to Thin Vegetation, Forests to Help Prevent Wildfires
May 5 2025 // Gov. Gavin Newsom signed new legislation on Monday that will provide more than $170 million in state funding to help prevent wildfires while signing an order aimed at speeding up the work by easing environmental...
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