losses News

California Governor Says Firefighting at Christmas May Become Normal

A week of destructive fires in Southern California is ending but danger still looms. Well into what’s considered the wet season, there’s been nary a drop of rain. That’s good for sun-seeking tourists, but could spell more disaster for a …

How A Dry Spell Allowed Winds to Lash California With Flames

The hot, dry Santa Ana winds whipping up the unseasonably fierce wildfires ravaging Southern California have come at the worst time, at the end of a long dry spell. The combination of savage Santa Anas and tinder-dry plants have ignited …

California Wildfire Claims Now Top $9.4B, Department of Insurance Says

California Commissioner Dave Jones announced on Wednesday that total of insured losses from the wildfires in California in October now top $9.4 billion in residential and commercial claims. The latest figure is near the upper end of estimates given so …

Southern California Fires Prompt Evacuations of Thousands from Homes

Ferocious Santa Ana winds raking Southern California whipped explosive wildfires Tuesday, prompting evacuation orders for thousands of homes. The biggest blaze broke out Monday in Ventura County and grew wildly to more than 48 square miles in the hours that …

RenaissanceRe: $90M Estimated Net Negative Impact from California Wildfires

RenaissanceRe Holdings Ltd. said it estimates that losses from the October 2017 California Wildfires will have a net negative impact of $90 million on its fourth quarter 2017 results of operations. The October 2017 California Wildfires caused widespread damage to …

California’s Wine Industry Taking Stock of Losses After Wildfires

Although still burning, the largest fires that have devastated California wine country are mostly contained, and winemakers, winery owners, and growers began taking stock this week of what they have—and haven’t—lost. The numbers are numbing: at least 42 dead, nearly …

Losses from California Wildfires Could Reach up to $6 Billion, Experts Say

This story has been updated with the latest estimates on fire losses. The wildfires raging in California are shaping up to become an infamous if not historic event. The fires have destroyed 3,500 structures and counting, far exceeding the 2,820 …

Cal Fire: California Wildfires Have Destroyed 3,500 Structures, Killed 17

Cal Fire is reporting that 17 people are confirmed to have died in the wildfires throughout the state this week and that at least 3,500 homes and commercial structures have been destroyed by the fast-moving blazes. “Overnight fire conditions were …

Bad Design, Poor Construction Blamed for California Dam Damage

Bad design and construction of the tallest U.S. dam a half-century ago and inadequate state and federal oversight since then led to a disastrous spillway collapse in February, an independent national team of dam safety experts said this week as …

Western U.S. Wildfires Force Evacuations of Thousands

Wildfires forced thousands to flee their homes across the U.S. West during a sweltering, smoke-shrouded holiday weekend of record heat. The fires caused evacuations in Glacier National Park in Montana and many other parts of the West; compelled crews to …