Risk
Los Angeles Wildfire Ash Might Contain Toxins, Experts Warn
Toni Boucher threw up the first time she saw the charred remains of her home and neighborhood after this month's deadly Los Angeles-area wildfires. Now she wonders if it's worth it to go back to sift ...
‘Geoeconomic Fragmentation’ Challenges Insurers: Geneva Association
A January 2025 report from the Geneva Association, titled Insurance in a Fragmented World Economy, found that geopolitical tensions have driven the global economy toward "geoeconomic fragmentation." ...
Property/Casualty Insurance in the Era of Rising Complexity
The last half-decade has brought about tremendous change as property and casualty insurers have been operating in an era of rising complexity. Continuous shifts in the ...
The Latest LA Wildfire Loss Estimates: Verisk’s Range Is $28B-$35B
The Extreme Event Solutions group at Verisk has estimated that insured industry losses to property for the Palisades and Eaton fires together will fall between $28 billion and $35 billion. Verisk's ...
California Years Behind in Implementing Defensible Space Law
Reeling from destructive wildfires, including the deadliest in California history, state lawmakers in 2020 passed new requirements for clearing combustible materials like dead plants and wooden ...
Mercury General Gives Reinsurance Update: One or Two Events Still TBD
Mercury General provided updated information about its reinsurance program yesterday, reporting that whether losses from the Palisades and Eaton wildfires burning in California will be treated as one ...
Rapid Response Effort Initiated to Respond to Fraud After Wildfires
As wildfires continue to burn in Southern California, the state has ramped up fraud investigations to keep up with an uptick in crimes. Insurance Commissioner Ricardo Lara and Los Angeles County ...
Many Reasons Behind Certain Homes Left Standing After Wildfires
Emails and videos of burned buildings in Los Angeles next to those left standing have been flying back and forth among architects, builders and fire safety specialists around the world. For many ...