losses News

California Lumber Mill Linked to Deadly Blaze Settles

A lumber company that owns a Northern California wood veneers manufacturing plant linked to a deadly fast-spreading blaze that killed two people and sent thousands fleeing for their lives has reached a settlement agreement with more than 700 people who …

Report: It Takes 7 Years to Close Most California Workers’ Comp Claims

It takes seven years to close the vast majority of workers’ compensation claims in California, more than double the time in the median state. The Workers’ Compensation Insurance Rating Bureau of California released a report detailing duration drivers for California …

California Commissioner Issues Moratorium on Homeowners Insurance Cancellations in L.A. and Kern Counties

California Insurance Commissioner Ricardo Lara ordered insurance companies to preserve residential insurance coverage following Gov. Gavin Newsom’s Nov. 19 emergency declaration. The commissioner’s bulletin shields policyholders within the wildfire perimeter of the Route Fire and in adjacent ZIP codes from …

Oregon Hemp Plant Fire Injures 5, Town Temporarily Evacuated

A small town in central Oregon was evacuated and five people were hurt due to a hemp manufacturing plant fire Sunday. The Sherman County Sheriff’s Office said five employees were burned in the blaze, including one who suffered significant burns, …

Baldwin Sues to Clear Name in New Mexico Movie Set Killing

Saying he wants to clear his name, Alec Baldwin is suing people involved in handling and supplying the loaded gun that he was using when it fired, killing cinematographer Halyna Hutchins during a 2021 filming accident in New Mexico. Baldwin …

Moody’s: California Utilities Reduced Liability Following Catastrophic Wildfires

A new report shows California utilities have noticeably reduced their liability following catastrophic wildfires in the past that have been blamed on the utilities and have driven several massive lawsuits and financial challenges. The report out on Thursday from Moody’s …

Family of Bullied Utah Girl Who Died by Suicide Files $14M Claim

The family of a Black fifth grader in Utah who died by suicide last year plans to file a $14 million lawsuit against her school, arguing that an inadequate response to reports of her being bullied over her race and …

Viewpoint: Wildfires Should be California’s No. 1 Priority When it Comes to Climate Change

In an Executive Order dated September 25, California Gov. Gavin Newsom directed all agencies of state government to double down on their efforts to address climate change. The governor, state agencies and the Legislature are spending billions of dollars in …

Alaska Village Resists Despite Climate, Flooding Threats

Search online for the little town of Shishmaref and you’ll see homes perilously close to the ocean, and headlines that warn this Native community in western Alaska is on the verge of disappearing. Climate change is partially to blame for …

Commissioner Says 2021 Colorado Wildfire Losses Surpass $2B

A wildfire that destroyed nearly 1,100 homes and businesses in suburban Denver last winter caused more than $2 billion in losses, making it by far the costliest in Colorado history, the state insurance commissioner said. Commissioner Michael Conway provided the …