Natural disasters

The current LA wildfires have proven costly compared to the previous worst wildfires in U.S. history.

Mark Debus, clinical manager of behavioral health at Sedgwick shares how disasters like the California wildfires affect the mental health of first responders, residents and others involved in the massive loss.

Lithium batteries from Tesla Inc., along with those from other carmakers, have added to the mix of toxic materials requiring specialized removal in the wake of the fires, delaying the fire victims' return to their properties.

Among the top risks cited by executives were cyber incidents, business interruption and the impacts from natural catastrophes.

A round up of announcements and actions by California Insurance Commissioner Ricardo Lara and the state's Department of Insurance to assist residents with claims and insurance-related issues.

It's essential for insurers to be ready when disasters strike.

Los Angeles is bracing for critical wildfire conditions again as dry winds scour Southern California.

When residents can finally return to see what's left of their homes, filing a claim and understanding the process could be challenging for many.

The city of Los Angeles' electric and water utility was hit with a lawsuit faulting it for not supplying enough water to fight the biggest fire still raging in the second-largest U.S. metropolis.

The National Flood Insurance Program has been kept alive with short-term authorizations since 2017. Flood risk data and increased use could strengthen it.

The California FAIR Plan Association, already vulnerable financially, will likely need an assessment of insurers or policyholders as a rescue measure, according to experts.

When it comes to pricing property risk and assessing the impact of severe weather events, catastrophe models are the backbone of the process.

High winds continue to impede firefighters' progress in the Pacific Palisades and Eaton fires.

Bankers are putting pre-established action plans for disaster recovery into motion as wildfires in Los Angeles sweep across the region.

Insurance carriers are using digital content to support policyholders around natural disasters, according to Keynova Group.

Verisk and Moody's are the first two modeling companies to submit their models to the California Department of Insurance. A Verisk executive explained the functioning of their model and what insurers' options are.

A trio of blazes in SoCal have destroyed over 2,000 homes and structures in neighborhoods with average property values well above the national average.

The wildfires add pressure to California's home insurance market, which has faced a growing crisis in recent years.

Ric was founded in 2023 and its first product to market will be rainfall flood, which is slated to go live in 2025.

The most destructive wind storm to strike the Los Angeles area in 14 years is fanning wildfires.