Federal Reserve Board – Agencies take action on appraisal requirements in an area affected by California wildfires and straight-line winds

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Lemonade Posts Q1 Loss on Wildfires, Spending; Auto Product Positioned to Grow

Insurtech Lemonade reported a first quarter 2025 net loss of about $62.4 million compared to a…

Insured Losses Could Hit $145B in 2025, Driven by Rising Claims From Secondary Perils

Global insured losses from natural catastrophes hit US$137 billion in 2024, following the 5%-7% annual growth…

More Americans Breathe Unhealthy Air Due to Wildfires, Extreme Heat

Around 156 million Americans, nearly half of the US population, now live in areas with unhealthy…

Forecast Calls for Wildfires to Burn More Land Across US This Year

A Long-range forecast predicts wildfires will burn more land across the U.S. this year, with a…

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,…

Hedge Funds Hunt Deals in Risk Scenarios Too Costly for Insurers

As Los Angeles residents digested the apocalyptic scene left by wildfires earlier this year, the stage…

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…