Hedge Funds Hunt Deals in Risk Scenarios Too Costly for Insurers April 7, 2025 By Natasha White As Los Angeles residents digested the apocalyptic scene left by wildfires earlier this year, the stage was simultaneously being set...
As Wildfire Season Arrives, Budget Woes and Federal Uncertainty Put States at Risk March 31, 2025 By Martha Bellisle Budget woes, combined with cuts to the federal wildfire-fighting workforce and President Donald Trump’s tariff and sovereignty threats against Canada,...
South Korea Contains Main Blazes in Week-Old Forest Fires March 28, 2025 By Minwoo Park and Daewoung Kim South Korean authorities have contained the main blazes in the country’s largest forest fire on record, a minister said on...
South Korea Battles Wildfires as Death Toll Rises to 18 March 26, 2025 By Soo-hyang Choi Wildfires ravaging South Korea over the past week have killed at least 24 people, making it the country’s worst forest...
Wildfires in Western Japan Damage Homes, Forcing Evacuations March 25, 2025 By Mari Yamaguchi Wildfires have hit several regions in western Japan, injuring at least two people, forcing dozens of residents to evacuate and...
A California City Is Pioneering Urban-Scale Insurance for Climate Disasters March 11, 2025 By Leslie Kaufman “Fire took everything, please help.” The headline was one of hundreds like it on GoFundMe campaigns that launched even as...
Cascading Extreme Weather Events Unleash Billions in Damages Globally March 10, 2025 By Brian K. Sullivan, Mary Hui and Joe Wertz First came a dry spell that parched the land, then a spark, followed by some wind. Suddenly, swaths of South...
Japan Battles Worst Wildfire in 40 Years Amid Record Dry Season March 3, 2025 By Will Wade Japan is battling its worst wildfire in four decades, forcing thousands of people to flee amid some of the driest...
Munich Re Faces $1.3 Billion in Claims From Los Angeles Wildfires February 26, 2025 By Tom Sims and Alexander Hübner Germany’s Munich Re expects about 1.2 billion euros ($1.26 billion) in claims resulting from the Los Angeles wildfires, it said...
Trump’s Hiring Freeze Throws Wildfire Fighters Into Disarray February 18, 2025 By Olivia Raimonde Federal firefighters have found their jobs on the chopping block as a result of US President Donald Trump’s executive orders,...