California Wildfires - Damage from Fire

Last November’s California wildfires caused $11.4 billion in insured damage

Residents of the state have filed many thousands of insurance claims from the Camp Fire. Last year’s record-breaking California wildfires have now generated $11.4 billion…

Allstate Wildfire Losses - Fire in forest

Allstate wildfire losses from November in California reached $685 million

The insurance company has announced its November 2018 catastrophe loss estimate including fires. Allstate wildfire losses were recently announced for the month of November 2018.…

European Insurance companies - Focus on Europe

European insurance companies seek to reduce risks from CO2 and coal

The sector is creating its own plan in the name of climate change and cutting back on its risks. European insurance companies are boosting their…

Bankrupt California insurance company

Bankrupt California insurance company may face state takeover

Regulators move to take over an insurer unable to pay its wildfire claims following massive destruction. A California insurance company bankrupted by the Camp Fire…

California Earthquake Insurance - Damaged Home from Earthquake

Will California earthquake insurance sales rise after The Great Shake Out?

Californians recently took part in an annual statewide event to boost preparedness for a quake. State officials are hoping California earthquake insurance sales will increase…

Hurricane Michael losses - Money

Insured Hurricane Michael losses estimates as high as $8 billion

The devastating storm crashed through 4 states, leaving the most damage behind in Florida. The insured Hurricane Michael losses could be as high as $8…

Hurricane Florence Damage - Flooding

Total Hurricane Florence damage estimates now up to 11 figures

The home and business property damage done from the storm’s flooding is notably higher than expected. The estimated Hurricane Florence damage total from the extreme…