California storms News

AM Best Says Losses from California Storms Largely Uninsured, Underinsured

The economic losses from the latest round of California storms will be significant, with many of these losses may not be insured because only 2% of California residents have purchased flood insurance, David Blades, associate director, industry research and analytics, …

AccuWeather: California Storms Added $6-8B in Damage and Economic Loss

AccuWeather issued preliminarily estimates on Thursday showing the total damage and economic loss from the series of recent intense storms to hit California to be an additional $6 billion to $8 billion. The recent storms caused deaths, widespread power outages, …

California Weather Calms But Storm Damage Seen as Extensive

California’s weather was calmer this week after weeks of atmospheric rivers that slammed the state with damaging rains, wind and surf that flooded homes, highways and farm fields, collapsed hillsides and toppled countless trees. Tallying the damage will take time, …