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Chubb CEO Expects $1.5 Billion Loss From LA Wildfires: 'California Is A Difficult Market For Insurance Companies'
Wednesday, January 29, 2025 - 7:52pm | 469Read More...Chubb Ltd. (NYSE:CB), one of the largest domestic property and casualty insurers, held its fourth-quarter earnings call on Wednesday and addressed the future financial impacts resulting from the recent California wildfires. The Details: Chubb CEO Evan Greenberg opened the call by expressing his...
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LA Braces For More 'Extreme Fire Weather,' Multiple Lawsuits Filed Against Edison Over Eaton Fire Damages
Tuesday, January 14, 2025 - 1:42pm | 652Read More...The Los Angeles area is bracing Tuesday for another stretch of "extreme fire weather”: the National Weather service issued a “Particularly Dangerous Situation" red flag warning for Southern California. The Details: Firefighters are again facing high winds of 40 to 70 miles per hour as...
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Santa Ana Winds Return As LA Wildfire Damage Estimates Rise To At Least $250 Billion, Fire Officials Investigate Downed Power Lines
Monday, January 13, 2025 - 1:07pm | 580Read More...The National Weather Service issued another severe fire warning for Los Angeles County on Monday as fires continue to burn in the area. The death toll from the fires rose to 24 and more than 12,000 structures have been damaged or destroyed since the fires began last week. The Details: AccuWeather...
