Risk
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 ...
Moody’s RMS Adds to LA Fires Insured Loss Estimates With Range of $20B-$30B
A day after risk modeler CoreLogic put out a statement indicating a $35 to $45 billion range of insured losses for two major fires in California, Moody's RMS has published a lower range for five ...
Study Shows Some Buildings Along Miami Coastline Are Sinking
A study published last month revealed that 35 buildings along a Florida coastline are experiencing subsidence, a process where the ground sinks or settles, according to researchers at the University ...
Smoke, Coverage Issues Cloud Wildfire Forecast: $35-$45B Losses Insured
CoreLogic announced a preliminary range of insured loss estimates for the Eaton and Palisades Fires in Los Angeles, Calif., of $35 to $45 billion, but there are a lot of factors that could change the ...
Health Risks Found in Unburned Homes After Wildfire
Residents who returned to unburned homes after a 2021 wildfire near Boulder, Colorado often reported health issues months later, a study has found. The most common symptoms reported by survey ...
New Consumer Label Rates Devices Less Likely to Be Hacked
The federal government is rolling out a consumer labeling system designed to help Americans pick smart devices that are less vulnerable to hacking. Under the voluntary program, called the U.S. Cyber ...
Too High? Too Low? BMS Analyzes Early Wildfire Insured Loss Estimates
Industry analysts' early estimates of insurance industry losses for the January 2025 California wildfires have already grown from $8 billion to $40 billion-plus—with many noting that it's too early ...