Los Angeles Faces Another Day of Extreme Fire Risk as Winds Rise January 14, 2025 By Laura Curtis and Brian K. Sullivan Hot, dry winds are pummeling Los Angeles and surrounding areas of Southern California, raising wildfire risks through at least Wednesday...
Catastrophe Bond Funds Say They’ll Dodge Losses as LA Fires Rage January 10, 2025 By Gautam Naik The wildfires sweeping through Los Angeles are unlikely to trigger significant losses for catastrophe bonds designed to capture such risks....
Insured Losses From Los Angeles Wildfires Rising: $8B to $20B January 9, 2025 By Don Jergler Editor’s note: This story has been updated with new AccuWeather total loss estimates. With aerial firefighting returning as strong Southern...
Los Angeles Fires Become Existential Test for California’s Stopgap Insurer January 9, 2025 By Leslie Kaufman The conflagrations tearing across Los Angeles are on track to be among the most expensive wildfire disasters in U.S. history,...
Thousands Flee From Uncontrolled Wildfires Burning Near Los Angeles January 8, 2025 By Brian K. Sullivan Millions of people in California face at least two more days of dry, hot winds that have fanned fires across...
Mercury Insurance to Return to Fire-Ravaged Paradise, California January 8, 2025 Mercury Insurance announced this week that the company will begin writing new homeowners insurance policies in the town of Paradise,...
California Winds Drive Severe Fire Danger in Rain-Starved LA January 6, 2025 By Lauren Rosenthal and Mark Chediak Exceptionally powerful, dry winds expected across Southern California this week are set to send wildfire risk skyrocketing in a region...
Top West Region Insurance Journal Stories of 2024 December 30, 2024 By Don Jergler Wildfires and their effect on the California’s homeowners insurance crisis dominated Insurance Journal’s West headlines this year. Other popular stories...
Firefighters Getting Handle on California Blaze That Threatened Malibu December 13, 2024 Firefighters are getting a better handle on a California wildfire that was threatening the city of Malibu as the winds...
Malibu Firefighters Make Gains on Blaze as Wind Warnings Persist December 11, 2024 By Lauren Rosenthal and John Gittelsohn Firefighters made some gains containing a raging wildfire that threatens Malibu, California, even as the burn area doubled in size...