losses News

California Latest to Sue Drug Companies Over Insulin Prices

California announced it will sue the companies that make and promote most of the nation’s insulin, accusing them of scheming to illegally increase the price of the drug and demanding they return millions of dollars to some diabetics who state …

Tackling Threat of Mudslides in Rain Soaked California

Relentless storms from a series of atmospheric rivers have saturated the steep mountains and bald hillsides scarred from wildfires along much of California’s long coastline, causing hundreds of landslides this month. So far the debris has mostly blocked roads and …

AM Best: Historic California Flooding Highlights Need for Robust Private Flood Market

Private flood insurance accounts for over 40% of California’s entire flood market—a significantly larger share than in the other leading states, according to AM Best. A new AM Best commentary notes the ongoing flooding issues in the state will present …

Iconic Tree Canopy in California Turns Destructive in Storms

On a good day, the sun shines in California’s capital city – and elms, pines, oaks and hundreds of other tree varieties fill Sacramento’s parks and line streets, fortifying the city’s reputation as the “City of Trees.” But on a …

Las Vegas Solar Site Arson Was Clean Energy Message, Man Says

A Colorado dentist accused of setting a fire that damaged a transformer at a solar power array outside Las Vegas last week told investigators he wanted to send a message supporting clean energy and denied his intention was sabotage, police …

Western Fire Chiefs and Milliman Join to Reduce Risk in Wildland-Urban Interface

The Western Fire Chiefs Association established a strategic alliance with Milliman with the stated goal of intelligently driving down risk in the Wildland-Urban Interface. “At the end of the day actuaries and fire chiefs are trying to solve the same …

Three Hurt as SUV Hit Small Plane After Nevada Highway Landing

A small plane clipped an SUV as it made an emergency landing on a highway north of Las Vegas, sending three people to a hospital as a precaution. Nevada State Police said the two-seater plane was having mechanical issues and …

Strong Storms Put California Levees to The Test

With multiple powerful storms continuing to bear down on California, state officials have warned that rural areas are the most at risk of flooding because the levees that protect them aren’t built to the same standards as others that shield …

At Least 20 Apartments Confirmed Damaged in Latest California Quake

At least 20 apartments were damaged by the latest earthquake to rattle the region of Northern California where a stronger quake nearly two weeks ago killed two people and knocked homes off their foundations, authorities confirmed this week. The magnitude-5.4 …

New Mexico Seeking Changes to U.S. Rules for Wildfire Claims

New Mexico Attorney General Hector Balderas is asking that changes be made to rules proposed by the U.S. government as it processes damage claims from a historic wildfire sparked by forest managers. Balderas filed comments on the Hermit’s Peak-Calf Canyon …