Insurers have received more than 2,000 insurance claims totaling more than $421 million in losses from the deadly Montecito, Calif. mudslide that destroyed or damaged more than 400 homes and businesses and killed 21 people, the California Department of Insurance …
Wildfires raging across Southern California have shut a major commuter artery in Los Angeles, suspended filming, wiped out more than $3 billion of market value for regional utility Edison International and are threatening some of the state’s lucrative crops. Stretches …
Chubb Limited reported a preliminary loss estimate for the fourth quarter from natural catastrophes, including the California wildfires, of approximately $320 million pre-tax, or $249 million after tax. Chubb said its insured losses for the California wildfires are currently estimated …
A Northern California wildfire has destroyed 37 structures, at least some of them homes. The figure is up from 17 destroyed structures previously reported by state fire officials. However, the blaze weakened significantly Monday and waves of the thousands of …
A wildfire burning for nearly two months on California’s scenic Big Sur coast has surpassed $200 million in firefighting costs, becoming the costliest to fight in U.S. history, according to data released this week. The fire has cost $206.7 million …
State parks along the California’s famed Big Sur coastline were closed Tuesday as one of the state’s two major wildfires threatened the scenic region at the height of the summer tourism season. The Big Sur fire threatened a long stretch …
A California wildfire that killed two people and destroyed 200 homes in the southern Sierra Nevada burned away from neighborhoods this week, clearing the way for some residents to return to homes that survived the savage flames. The fire grew …
Insurers handling wildfire damage from the Valley and Butte wildfires last month in Northern California has agreed to a claims handling process to help fire victims begin their recovery more quickly, Insurance Commissioner Dave Jones announced on Wednesday. More than …
