By Tim McLaughlin Southern California Edison’s equipment ignited nearly 60% more fires in 2024 than in the previous year, ...
A powerful storm closing in on Southern California has prompted evacuation warnings for residents living near the burn scar ...
California's levy of $1 billion on private insurers to help pay out wildfire claims in its state-created safety net program ...
In its outlook for 2025, US specialty insurance group Assurant has reported that its catastrophe losses from the California wildfires are expected to ...
The largest fires started on January 7 and devastated swathes of L.A., including Pacific Palisades and Altadena. The fires ...
The California Department of Insurance approved a 12% rate increase for Mercury General's California homeowners insurance ...
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
Allstate said the wildfires blazed through Southern California last month will bring the insurance company a sizable loss – ...
Bermudian-based Lancashire Holdings Ltd, the global specialty insurer and reinsurer, has estimated that its aggregate net ...
That’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...