Modeler Estimates Insured Losses From Colorado Wildfire at $1B January 6, 2022 The Colorado wildfire that destroyed nearly 1,000 homes in late December will result in roughly $1 billion in losses, according...
RMS Says Insured Losses from 2020 Western U.S. Wildfires $7-$13B December 15, 2020 RMS estimates insured losses from the record-breaking western U.S. wildfires this season will be between $7 and $13 billion. These...
Moody’s Says Property/Casualty Insurers Face Significant Losses from Western Wildfires September 17, 2020 Dozens of wildfires raging in California, Oregon, Washington and other Western states have resulted in loss of life, damaged or...
Cat Risk Modelers Air Worldwide, KCC Release Laura Insured Loss Estimates August 31, 2020 Estimates for insured property losses associated with Hurricane Laura by catastrophe risk modeling firms Air Worldwide and Karen Clark and...
A Tale of Two Californias: Managing Wildfire Risk in the Year 2030 February 6, 2020 By Chris Folkman For most of the 20th century, the insurance industry considered wildfires to be little more than a benign nuisance. They...
Report: $221B in Western U.S. Homes at Extreme Risk of Wildfire Damage September 12, 2019 By Don Jergler Nearly 776,000 homes with a reconstruction cost value of more than $221 billion are at extreme risk of wildfire damage,...
Wildfires Making Insurance Harder to Find, California Department of Insurance Says August 21, 2019 By Don Jergler Severe wildfire seasons have made it harder for homeowners to find insurance in high wildfire-risk areas, according to new data...
New Barry Insured Loss Estimate: Not More Than $500M, RMS Says July 23, 2019 Global risk modeling and analytics firm, RMS, has estimated that the insured U.S. losses from Hurricane Barry will not exceed...
Investigators Blame PG&E Lines for Deadliest Wildfire in California History May 15, 2019 By Steve Gorman State fire investigators have determined that transmission lines owned by Pacific Gas & Electric Co caused the deadliest and most...
Insured Losses from November 2018 California Wildfires Top $12B May 8, 2019 Insured losses from the most destructive wildfire month in California’s history climbed $614 million in the first three months of...