Swiss Re expects L.A. wildfires to cost the global insurance industry $40 billion, making them the costliest U.S. fires ever

Swiss Re said that its losses from the Los Angeles wildfires would come in under $700 million and that it had no plans to “pull back” from California.

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Munich Re announces buybacks even after saying it expects $1.2 billion in claims from California fires

Shares of Munich Re climbed on Wednesday after the German reinsurer stuck to its outlook, despite announcing hefty expected claims from California wildfires.
MarketWatch - 1d
California governor asks Congress for nearly $40 billion for LA wildfire relief

California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfires
ABC News - 4d
Newsom requests nearly $40 billion in disaster aid following Los Angeles wildfires

California Gov. Gavin Newsom (D) sent a letter to members of Congress requesting nearly $40 billion in funding to rebuild communities after wildfires devastated the Pacific Palisades and Altadena ...
The Hill - 4d
California Gov. Gavin Newsom asks Congress for nearly $40 billion for Los Angeles wildfire relief

SACRAMENTO, Calif. — California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfires, which he said ...
NBC News - 3d
Bad DOGE: Firing IRS workers will fuel tax cheating and cost billions

Cutting IRS jobs may sound appealing to some, but the long-term consequences could be disastrous.
The Hill - 2d
L.A. fire victims face a dilemma: Sell their burned-down homes at a loss, or pay a staggering cost to rebuild?

Homeowners have been warned not to take lowball offers — but what is a reasonable price for a fire-damaged lot in one of the country’s most expensive real-estate markets?
MarketWatch - 5d
FireAid distributes first $50 million to L.A. wildfire relief groups

These grants coming from the massive benefit concert in January will prioritize immediate recovery services for displaced residents, workers, small-business owners and first responders.
Los Angeles Times - Feb. 18
A look at the effort to save historic tiles from the L.A. wildfires

A group has banded together to try to preserve antique tiles amid the devastation in Altadena from the L.A. wildfires. CBS Los Angeles' Alys Martinez has the story behind Save the Tiles.
CBS News - 3d
L.A. County has cut homelessness, but wildfires threaten to erase gains

As Los Angeles looks to recover from historic wildfires, previously unsheltered and chronically homeless people are facing even greater instability.
CBS News - 2d

Swiss Re expects L.A. wildfires to cost the global insurance industry $40 billion, making them the costliest U.S. fires ever

Topics

Related

Munich Re announces buybacks even after saying it expects $1.2 billion in claims from California fires

California governor asks Congress for nearly $40 billion for LA wildfire relief

Newsom requests nearly $40 billion in disaster aid following Los Angeles wildfires

California Gov. Gavin Newsom asks Congress for nearly $40 billion for Los Angeles wildfire relief

Bad DOGE: Firing IRS workers will fuel tax cheating and cost billions

L.A. fire victims face a dilemma: Sell their burned-down homes at a loss, or pay a staggering cost to rebuild?

FireAid distributes first $50 million to L.A. wildfire relief groups

A look at the effort to save historic tiles from the L.A. wildfires

L.A. County has cut homelessness, but wildfires threaten to erase gains

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