California wildfires News
Grid-by-Grid: How One Tech Firm Dissects California Wildfire Risk to Sell Insurance and Reinsurance
There is general consensus among insurance and reinsurance underwriters about the safest property risks to accept in the California market, according to the co-founder of ...
California Wildfires Dwindle as Premiums Surge
In their 1999 paean to California, the Red Hot Chili Peppers sang that "Destruction leads to a very rough road, but it also breeds creation." The rock band was referring ...
Montana Pollution Lawsuit Could Limit Aerial Fire Retardant Use
A legal dispute in Montana could drastically curb the government's use of aerial fire retardant to combat wildfires after environmentalists raised concerns about waterways that are being polluted ...
PG&E Pledges $18 Billion to Cut Wildfire Risk in California
PG&E Corp. plans to invest $18 billion in wildfire prevention through 2025 following back-to-back seasons of devastating blazes linked to the utility's network of ...
PG&E to Face Manslaughter Trial Over Deadly California Fire
Pacific Gas & Electric will face trial for manslaughter over its role in a 2020 wildfire in Northern California that killed four people, a judge ruled ...
Opinion: Consumers Pay the Price as Regulatory Interference Drives Property Insurance Market Instability
Many states are facing a growing affordability and availability crisis in property insurance markets, and it's not just because of climate change. While climate change is leading to more severe and ...
U.S. Starts Criminal Probe Into PG&E Role in California Wildfire
Federal officials have initiated a criminal investigation into PG&E Corp.'s potential role in starting California's largest wildfire of the year. On Sept. 24, the U.S. Forest Service removed one ...
California’s PG&E to Pay $55M to Avoid Criminal Charges Over Wildfires
California utility PG&E Corp has reached settlement agreements with district attorneys representing Northern California counties to avoid prosecution over two major wildfires, with the company ...