Most Popular Wildfire Headlines This Year
The most viewed headlines from our Wildfire Topic Page over the last year.
#1 California Approves FAIR Plan Request to Assess Insurers $1B for Wildfire Claims
Feb 11 2025 // California Insurance Commissioner Ricardo Lara approved a California FAIR Plan request for a $1 billion assessment on admitted market insurers to cover claims from the Los Angeles wildfires. The FAIR Plan reported it has...
#2 Homeowners Suing USAA and AAA Insurers Over LA Wildfires
Jun 6 2025 // Some homeowners who lost their homes in the Los Angeles wildfires have filed lawsuits against three large insurers over claims payouts they say didn’t cover their losses. The lawsuits were filed in Los Angeles County...
#3 Trump’s Hiring Freeze Throws Wildfire Fighters Into Disarray
Feb 18 2025 // Federal firefighters have found their jobs on the chopping block as a result of US President Donald Trump’s executive orders, with a hiring freeze simultaneously blocking reinforcements in the aftermath of the Los...
#4 Travelers Income Drops 65% on Catastrophe Losses, Primarily California Wildfires
Apr 16 2025 // The Travelers Cos. said first quarter 2024 fell 65% on an underwriting loss of $305 million. Travelers posted first quarter net income of about $395 million compared to about $1.1 billion during the first quarter of 2024....
#5 Insurer Payouts Now at $12B for LA Wildfires, Report Shows
Mar 12 2025 // Insurance companies have so far paid out more than $12 billion for losses from the two biggest of the Los Angeles-area wildfires that swept through the region and destroyed tens of thousands of homes in January. California...
#6 Travelers Expecting $1.7 Billion in Catastrophe Losses From LA Wildfires
Feb 11 2025 // Another major California insurer is reporting losses in excess of $1 billion from the Los Angeles area wildfires. The Travelers Companies Inc. announced Tuesday it will lose an estimated $1.7 billion from last...
#7 Insurers Have Now Paid Out Nearly $7B for LA Wildfires, Report Shows
Feb 13 2025 // Insurance companies have so far paid out more than $6.9 billion for losses from the biggest two of the Los Angeles-area wildfires that swept through the region and destroyed tens of thousands of homes last...
#8 Wildfire Losses Drop Chubb Q1 Net Income 38%, While Tariffs Create ‘Confusion’
Apr 23 2025 // First quarter 2025 net income at Chubb fell nearly 38% to about $1.3 billion as losses from the California wildfires overcame underlying results. Chief Executive Officer Evan G. Greenberg in a statement said the insurer...
#9 NJ Wildfire Update: 50% Contained; High Spread Risk Today; Suspect in Custody
Apr 25 2025 // At a time when firefighters are battling one of the worst wildfires in New Jersey’s history, there is an increased risk for rapid fire spread this afternoon across portions of the Garden State and eastern...
#10 California Wildfire Mitigation And Recovery Bill Package Introduced
Feb 14 2025 // California Insurance Commissioner Ricardo Lara and a group of state lawmakers are pushing a 10-bill legislative package designed to improve disaster preparedness and help protect wildfire survivors. The bills intended...
#11 Report: More Insurers in California Paying Wildfire Victims Without Itemized List
Mar 7 2025 // More insurers are paying contents coverage to California wildfire victims without requiring a detailed inventory, according to the California Department of Insurance. The CDI reported on responses from carriers following a...
#12 Today’s Commercial Property Market in ‘Better Place’ Brokers Assess 4 Current Trends: Vacancies, Alternatives, Valuations, Wildfires
Apr 7 2025 // Commercial property insurance rates continue to fall for most accounts after most property insurers saw profitable books in 2024. That’s good news for insureds, commercial property brokers say, as clients begin to...
#13 Lemonade Posts Q1 Loss on Wildfires, Spending; Auto Product Positioned to Grow
May 6 2025 // Insurtech Lemonade reported a first quarter 2025 net loss of about $62.4 million compared to a loss of $47.3 million a year ago during the same time. The decline, according to a letter to shareholders, was due primarily to...
#14 Farmers Estimates $600M in Losses from LA Wildfires
Feb 19 2025 // Farmers said on Wednesday that it expects losses from the Los Angeles wildfires last month to reach an estimated $600 million. Insurance companies have so far paid out more than $6.9 billion for losses from the biggest two...
#15 Hedge Funds Face California Rebuke Over Role in Wildfire Claims
Jun 9 2025 // Hedge funds are facing pushback in California as their bets tied to insurance claims stemming from the Los Angeles wildfires are attacked as unethical. The transactions in focus are tied to so-called subrogation claims,...
#16 State Farm Has Paid Out $2.5 Billion for LA Wildfires
Mar 28 2025 // State Farm has reported paying out $2.5 billion for the Los Angeles wildfires in January, more than double what the carrier reported paying out weeks earlier. “As of March 28, we’ve received more than 12,300...
#17 California Department of Insurance Completes Final Review of Wildfire Model
Jul 24 2025 // The California Department of Insurance completed a review of the state’s first wildfire catastrophe model, marking a dramatic change in the state’s property/casualty insurance ratemaking process. The new model...
#18 Lloyd’s Said It Will Lose $2.3B From LA Wildfires
Mar 12 2025 // Lloyd’s this week said it will lose $2.3 billion from the Los Angeles wildfires in January, adding to the number of companies that have paid out more than $1 billion in losses from the catastrophe. The company...
#19 ZestyAI: More Than $2 Trillion in US Homes at High Risk of Wildfires
Feb 28 2025 // While Western wildfires have dominated disaster news for decades, new analysis using artificial intelligence shows millions of homes across the country—even in the swampy Southeast—are at risk for wildfires. New data...
#20 AIG Q1 Underwriting Income More Than Halved on Wildfire Losses
May 1 2025 // First quarter underwriting income in AIG’s General Insurance segment dropped 59% compared to last year, to $243 million. The unit—North America commercial, International commercial, and global personal—recorded...
