Insurance Related Topics 
Insurance Journal
JANUARY 15, 2025
California Insurance Commissioner Ricardo Lara expanded emergency insurance protections for Southern California homeowners, adding new ZIP Codes to those already under a mandatory one-year moratorium on insurance non-renewals and cancellations. The expanded order shields those within the perimeters or adjoining …
Insurance Journal
JANUARY 9, 2025
history, draining insurance coffers and threatening California’s massive state-sponsored insurance program. Losses from the fires “could push insurance markets over the … The conflagrations tearing across Los Angeles are on track to be among the most expensive wildfire disasters in U.S.
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Insurance Journal
JANUARY 14, 2025
Wildfires that have ravaged swaths of Los Angeles could result in losses of as much as $30 billion for the insurance industry as the blazes rage on almost a week after they ignited. The new estimates from Wells Fargo & …
Insurance Journal
JANUARY 10, 2025
Insurers are facing significant losses from the catastrophic Los Angeles wildfires — given the high value of homes and businesses in the affected communities. However, those losses are likely to be manageable for both insurers and their reinsurers, with preliminary …
Insurance Journal
JANUARY 9, 2025
With aerial firefighting returning as strong Southern California winds died down for a bit, damage assessments from a handful of destructive Los Angeles area blazes are sure to become clearerlikely pushing up billion-dollar-plus insured loss estimates put forth from fires …
Insurance Journal
JANUARY 14, 2025
Polo Insurance Managers (PIM), the Guernsey based insurance manager business within the PoloWorks group, announced the launch of Clockwork Re a newly established Category 4 Commercial General Reinsurer in Guernsey. Clockwork Re has been formed to access superior insurance …
Insurance Journal
JANUARY 5, 2025
Strate Insurance Group, a personal lines agency with offices in five Tennessee cities, is merging with Main Street Insurance Group, a 127-year-old agency with locales in North Carolina. Strate officers said in a news release that the merged firm will …
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