losses News

Fire Causes Partial Roof Collapse at Oregon Textile Factory

A fire caused extensive damage to a textile manufacturing facility in Portland early Monday, officials said. The first reports of the blaze came in around 3:30 a.m. Monday at a commercial building in southeast Portland, said Lt. Liz Thompson, a …

Lawmakers from California Want U.S. Departments to Be Year-Round Wildfire Agencies

California’s U.S. senators and nearly two-dozen representatives are asking the Agriculture and Interior departments to transition their agencies to a year-round wildland workforce because blazes are no longer limited to traditional fire seasons. The move would require reclassifying more seasonal …

Caesars in Nevada Puts Pandemic Losses At $2B, Wants Insurers to Pay

Casino giant Caesars Entertainment Inc. is putting its losses because of the coronavirus pandemic in 2020 at more than $2 billion, and is suing a long list of insurance carriers it accuses of balking at paying its business interruption costs. …

Disaster Loans Available for Drought Losses in Arizona Counties

The U.S. Small Business Administration has announced that small non-farm businesses in all 15 counties in Arizona may apply for low-interest federal disaster loans to offset economic losses from drought. Eligibility includes businesses directly affected by the disaster as well …

Arizona City Struggling to Emerge from Cyberattack

Kingman officials say municipal employees aided by Arizona National Guard technology personnel this week continued working to unravel a cyberattack that targeted the northwestern Arizona city’s computer system days earlier. The attack last Friday knocked down the system, with results …

Northwest Alaska City Declares Disaster Following Power Outage

A small northwest Alaska city of about 900 people has declared a disaster after suffering a power outage that shut off water lines. While power has been restored in the city of Selawik, only some water lines are operational again. …

Los Angeles Marked 50th Anniversary of 1971 Quake

A disastrous earthquake that struck Los Angeles a half-century ago is being remembered for spawning improvements in seismic safety and research. The 50th anniversary of the magnitude 6.6 earthquake occurred at 6 a.m. Tuesday. Known as the San Fernando or …

Fire Official Says Arcing Power Lines Caused Big Nevada Brush Fire

Satellite imagery and surveillance video from a casino roof 5 miles away helped pinpoint arcing power lines in gale force winds as the cause of a November brush fire that destroyed five Reno homes and damaged two dozen others, investigators …

RMS Estimates that Total Insured Losses from the 2020 Western U.S. Wildfires Will Be Between US$7bn – US$13bn

Latest RMS estimate includes loss from new fires that started and spread following the previous RMS loss estimate in September Newark, CA – December 15, 2020 – RMS, the world’s leading catastrophe risk solutions company, estimates insured losses from the …

Northwest Windstorm Kills 1, Thousands Lose Power

One person died after a tree fell on them and thousands of people in western Washington were without power as high winds blew into the region Tuesday. According to Anne Nesbit with Key Peninsula Fire, a tree fell on a …