AIG Q1 Underwriting Income More Than Halved on Wildfire Losses

American International Group (AIG) reported first quarter net income attributable to shareholders of $698 million, down…

Arch Capital’s First-Quarter Profit Halves on LA Wildfire Losses

Arch Capital’s first-quarter profit fell 49.2% as catastrophe losses from the California wildfires weighed on its…

Wildfire Losses Drops Chubb Q1 Net Income 38%, While Tariffs Create ‘Confusion’

First quarter 2025 net income at Chubb fell nearly 38% to about $1.3 billion as losses…

Wildfire Losses Increasing But Still Small Compared to Hurricanes: KCC

Wildfire losses in the U.S. are increasing, but the risk is still considerably smaller than hurricanes,…

As Wildfire Season Arrives, Budget Woes and Federal Uncertainty Put States at Risk

Budget woes, combined with cuts to the federal wildfire-fighting workforce and President Donald Trump’s tariff and…