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Allstate Expects California Wildfires to Cost $1.1 Billion
In the fourth quarter, catastrophe losses took $315 million out of Allstate’s homeowners insurance business, up from $21 million the year before.
Allstate Expects $1.1 Billion of Losses From Los Angeles Fires
Allstate Corp. said it expects about $1.1 billion of losses from the wildfires that ravaged swaths of Los Angeles last month.
Los Angeles Wildfires Caused as Much as $164 billion in Total Property and Capital Losses
The report, authored by economists Zhiyun Li and William Yu, predicts a 0.48% loss in county-level GDP for 2025, amounting to approximately $4.6 billion. The economists summarized the estimated economic impacts,
2h
The climate science behind the Southern California firestorm
NBC News’ Al Roker sits down with climate scientist Alexander Gershunov to explain the climate drivers that helped fuel the ...
50m
on MSN
‘Top Gun: Maverick’ star saved late grandfather’s watch before home burned down in Palisades Fire
Miles Teller shared more details about his experience with the Palisades Fire. The "Top Gun: Maverick" star lost his home ...
8h
on MSN
California’s Gavin Newsom in DC seeking fire disaster aid. Here’s what he said about Trump
President Donald Trump “will do the right thing” and support aid for wildfire-ravaged Southern California, Gov. Gavin Newsom ...
6h
Southern California wildfires expected to cost billions
It's estimated the damage from the Southern California wildfires will cost up to $45 billion to remedy. That's according to ...
2d
on MSN
Pacific Coast Highway reopens nearly a month after devastating Southern California wildfires
The Pacific Coast Highway is back open in Malibu, California, nearly a month after the deadly Palisades Fire ripped through ...
KTTV
13h
LIVE: California fires updates for Wednesday, Feb. 5
Residents in burn scar areas braced for rain and the potential for mud and debris flow, as the first of two systems arrived ...
1d
Southern California faces extended stretch of heightened wildfire dangers
Southern California faces an increased wildfire threat that is expected to last through most of 2025. While fire activity ...
21h
on MSN
California's insurance crisis leaves neighbors facing unequal recovery after wildfires
Before a wildfire ravaged their street in northwest Altadena, Louise Hamlin and Chris Wilson lived next door to each other in ...
Renewable Energy World
6h
California wildfire fund at risk of depletion over possible utility link to Eaton Fire
California’s multi-billion dollar wildfire fund is at risk of running dry because of the carnage caused by the Eaton Fire and ...
1d
Their businesses were destroyed by the Southern California wildfires. They’re now seeing an outpouring of support, thanks to the Grammys.
Their businesses were destroyed by the Southern California wildfires. They’re now seeing an outpouring of support, thanks to ...
7d
Southern California wildfires could be a double whammy for the state’s shaky budget
California has faced budget crises before, but this could be the perfect storm of a chronically unbalanced budget made ...
1d
on MSN
Rain is coming to Southern California. Will it be enough to end fire season?
Two distinct systems will bring widespread light to moderate rain to Southern California: one on Tuesday into Wednesday and ...
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