Catastrophe & Flood

Verisk estimates insured property losses of up to $35 billion from SoCal fires

Verisk estimates insured property losses of up to $35 billion from SoCal fires

Majority of the losses involve residential properties

Josh Recamara Jan 23, 2025
Idaho introduces bill to create wildfire risk pool and grant program

Idaho introduces bill to create wildfire risk pool and grant program

House Bill 17 aims to stabilize insurance rates and encourage wildfire risk mitigation efforts

Revealed - California FAIR plan faces $4.8 billion exposure from LA fires

Revealed - California FAIR plan faces $4.8 billion exposure from LA fires

Figure could grow as the wildfires continue to cause devastation

Billion-dollar disasters demand billion-dollar solutions – SLA steps up

Billion-dollar disasters demand billion-dollar solutions – SLA steps up

Education and innovation: SLA’s approach to tackling California's toughest risks

Mercury General updates customers on Southern California wildfire claims

Mercury General updates customers on Southern California wildfire claims

Company assures it has sufficient liquidity to cover claims

Travelers commits $1 million for wildfire relief efforts

Travelers commits $1 million for wildfire relief efforts

Company also set up mobile claim offices

State Farm drops Super Bowl ad

State Farm drops Super Bowl ad

It claims it is redirecting focus to assisting 7,850 claimants and recovery efforts

APCIA urges Congress to tackle wildfire risks

APCIA urges Congress to tackle wildfire risks

Calls for legislative action, including forest management and community protection programs

IICF launches wildfire relief fund for Southern California

IICF launches wildfire relief fund for Southern California

Moves aid families, first responders, and nonprofits tackling wildfire recovery

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