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Verisk, Palisades
Verisk sees insured property loss of $28 bln to $35 bln from Eaton and Palisades fires
Global analytics firm Verisk expects insured property losses from the Palisades and Eaton fires in the range of $28 billion to $35 billion, one of the highest loss estimates from the industry.
Verisk estimates insured property losses of up to $35 billion from SoCal fires
According to Verisk, insured losses from the Palisades fire are expected to fall between $20 billion and $25 billion, while the Eaton fire is projected to result in $8 billion to $10 billion in insured losses. The majority of these losses involve residential properties.
Verisk Estimates Industry Insured Losses for the Palisades and Eaton Fires Will Fall Between USD 28 Billion and USD 35 Billion
Of this total, Verisk estimates insured losses from the Palisades fire will range between USD 20 billion and USD 25 billion, and losses from the Eaton fire will range between USD 8 billion and USD 10 billion. Most of the losses are to residential risks.
Containment of Los Angeles-area Eaton and Palisades fires increases as weather improves
All red flag warnings for critical fire danger expired by Thursday evening, bringing relief for firefighting work on two deadly blazes in Los Angeles County.
Palisades and Eaton fires insurance losses near $28 billion, KCC estimates
The insured losses from the recent Palisades and Eaton (NYSE:ETN) Fires are projected to approach $28 billion, according to the high-resolution KCC US Wildfire Reference Model. This estimate includes claims from residential,
13h
on MSN
Firefighters maintain progress on Palisades, Eaton fire containment despite challenging winds
Santa Ana winds continued challenging firefighters on the Palisades and Eaton fires, but containment inched forward along the coast, and debris cleanup was underway in both burn scars ahead of ...
1d
The L.A. fire victims: Who they were
One victim was remembered as “a man with a quick wit, a brilliant mind and a love for his family.” Another victim was known ...
3d
on MSN
Progress made in containment of deadly Southern California Eaton and Palisades fires
Over a week after destructive wildfires erupted in the Los Angeles area, fire crews have made progress with containment and ...
People on MSN
11d
Escaping the Eaton Fire and the 'Beyond Surreal' Aftermath, According to a Woman Who Made It Out (Exclusive)
In this first-person account to PEOPLE, Katherine Turman recalls spending time in the Pacific Palisades as a youth, the tense ...
Moneyweb
1d
Firefighters gain some control over new fire north of LA
The situation that we’re in today is much different than the situation we were in 16 days ago,' referring to the start of the ...
1d
on MSN
Los Angeles begins "extensive" fire debris removal after deadly wildfires, officials warn about potential dangers with weekend rain
The "extensive" debris removal process is underway in Los Angeles County to clear rubble from burn scar areas ahead of ...
12d
California wildfires rage into fifth consecutive day with death toll climbing, fresh evacuations
The devastating California wildfires moved into a fifth consecutive day on Saturday, with the number of people officially ...
12d
Aerial assault aims to stem Palisades fire's eastward spread
Aircraft dropped water and fire retardant on steep hills as on-the-ground firefighting intensified. More than a dozen people ...
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