PG&E’s Plan to Bury Power Lines and Prevent California Wildfires Faces Opposition over Rates October 19, 2023 By Adam Beam Pacific Gas & Electric – one of the nation’s largest utilities whose equipment has sparked some of California`s deadliest wildfires...
California Regulators Propose Higher Rates for PG&E Customers to Reduce Wildfire Risk September 15, 2023 By Adam Beam Power bills for about 16 million people in Northern California will likely increase after state regulators released two rate proposals...
Delos in California Raises $7.3M in Seed Extension Round Led by IA Capital Group September 14, 2023 Delos Insurance Solutions in California announced a $7.3 million seed extension round, enabling the managing general agent’s expansion in the...
Reinsurance Association Releases Paper on California Homeowners Insurance Market, Urges Policymakers Consider Risks of Inaction September 5, 2023 The Reinsurance Association of America has come out with a white paper on the California homeowners insurance market that urges...
Report: Climate Change Boosts Risk of Extreme Wildfires 25% September 5, 2023 By Don Jergler A group of scientists used machine learning to quantify empirical relationships between temperature and the risk of extreme daily wildfire...
Crews Battling ‘Fire Whirls’ in California’s Mojave Desert August 1, 2023 Crews battled “fire whirls” in California’s Mojave National Preserve as a massive wildfire crossed into Nevada amid dangerously high temperatures...
Study Blames Climate Change for Summer Wildfire Rise in California June 15, 2023 By Don Jergler A study out this week shows that nearly all of the observed increase in summer wildfires in California over the...
Insurer Group Reacts to California Department of Insurance Musing on Cat Modeling June 8, 2023 By Don Jergler Insurer groups may be seeing the light at the end of the tunnel with a hint of a possible change...
California Insurers’ Inability to Price Risk Is Causing Headaches June 7, 2023 By Eric Roston California regulations restrict insurers from using sophisticated computer models to consider the rapidly growing wildfire risks from climate change —...
Climate Change, Wildfire Risk and State Farm’s California Decision June 1, 2023 By Don Jergler Several reasons were given within State Farm’s announcement last week the carrier was no longer writing new personal or business...