Global data analytics firm Verisk (Nasdaq: NASDAQ:VRSK) has projected insured property losses from the Palisades and Eaton ...
The property-and-casualty insurer said the strong results and outlook would allow it to support customers affected by the ...
While wildfire risks for the area were broadly known, what surprised almost everyone has been the ferocity of the disaster.
California's Department of Insurance also recently passed regulations that pave the way for rate increases in exchange for increased coverage in wildfire-prone regions. In 2024, some insurance ...
Climate change-fueled natural disasters like the L.A. fires could destabilize the entire U.S. economy, economist Gary W. Yohe wrote.
Insurance providers could charge policyholders a “supplemental fee” if the state’s insurer of last resort runs out of money.
Property and casualty insurer Travelers trounced Wall Street estimates for fourth-quarter profit as strength in its ...
For the insurance industry, the threat of massive and profoundly destructive wildfires poses a significant and immediate ...
The FAIR Plan’s potential exposure is over $4 billion for the Pacific Palisades Fire and more than $775 million for the Eaton ...
Our phones are blowing up from LA residents looking for rentals,” said agent Scott Grigg of Griggs's Group Powered by The ...
Widespread shifts in home building and insurance coverage are coming.
Marialyce Pedersen stood in a white Tyvek suit on her Altadena, California, lot leveled by this month's wildfires. Her house ...