losses News

California Draws $10M From Reserves to Remove Wildfire Debris

California Governor Jerry Brown last week directed $10 million from the state’s budget reserve to help pay for the removal of huge amounts of burned debris left in the wake of two massive wildfires, the administration said. In a letter …

Obama Declares Major Disaster in California Wildfire

President Barack Obama declared a major disaster Tuesday in a Northern California wildfire that has destroyed at least 1,200 homes and killed at least three people. The declaration issued for the fire that broke out in Lake County 90 miles …

Californians Pushed by Wildfires into High-risk Insurance Market

There are lots of reasons people live in California’s Modjeska Canyon. Nestled against the mountains and abutting the Cleveland National Forest, the area has abundant wildlife and access to nature, yet is just a 20 minute drive from larger Orange …

Wyoming Man And His Insurers to Pay $2.9M for 2012 Wildfire

A man who accidentally started a 2012 wildfire that burned over a mountain and threatened the town of Jackson has agreed to a $2.9 million payment under a legal settlement. James G. Anderson Jr., 79, will be responsible for $425,000. …

California Wildfires Destruction Total Now Tops 1,000 Homes

It has been several days since two huge wildfires in Northern California peaked in their ferocity, yet the damage they did is still being revealed daily. The tally of homes destroyed topped 1,000 on Saturday after authorities assessing damage in …

Firefighters Make Progress Against Raging California Wildfire

Firefighters are reporting some progress against a Northern California wildfire that has charred more than 100 square miles of terrain, destroying buildings, threatening many others and sending thousands of residents fleeing. As firefighters and equipment from outside the state poured …

Report Sees Major Food Shortage as Climate Change Danger

Climate change reports and studies abound lately – as you will note from a previous column – but one recent report gives potentially the starkest prediction yet of what impacts climate change could have. The report from Lloyd’s of London, …

SpaceX Cargo Loss is Government’s, but Rocket Costs and Backlog Uncertain

SpaceX’s Falcon 9 rocket en route to the International Space Station erupted in flames on Sunday moments after its launch, delivering a potential business interruption blow to the so-far highly successful private space company. The craft was about 21 miles …

Alaska Wildfires Grow, Prompt Evacuations

Intensifying wildfires in Alaska have led to evacuations in several parts of the state, including a tiny village where residents fled on boats. A firefighter on one blaze also was treated for a bear bite after encountering the animal while …

Another Alaska Wildfire Prompts More Evacuations

Firefighters are battling a second wildfire in Alaska and officials say hundreds of homes have been evacuated and six structures have burned. The fast-moving blaze erupted Monday on the Kenai Peninsula, roughly 100 miles south of a major wildfire that …