A new report reveals that homeowners in high-risk areas struggle to find affordable insurance Insurance Access for US Homeowners Facing Climate Risks Declines Los Angeles: A recent report from the Treasury Department highlights a troubling trend. Homeowners in areas facing high climate risks are finding it harder to get insurance. The report shows that non-renewal…
Meteorologists warn of fierce winds in LA, raising questions about climate change’s impact on fire risks Los Angeles Faces Climate Challenge Amidst Devastating Fire Winds Los Angeles: Just days before hurricane-force Santa Ana winds whipped through the city, meteorologists had warned that such conditions could lead to disaster. But figuring out how climate change fits…
Los Angeles is on high alert as strong winds elevate fire risks, following devastating wildfires that have already claimed lives and homes. LA Faces High Fire Risk as Strong Winds Fuel Wildfire Concerns Los Angeles: The city is really on edge right now. Strong winds are whipping through Southern California, raising the fire danger again.…
Larry Fink warns that rebuilding Los Angeles after wildfires may take up to ten years, impacting insurance and infrastructure. Larry Fink Predicts Los Angeles Rebuilding Could Span a Decade Los Angeles: BlackRock’s CEO, Larry Fink, recently shared that it might take up to ten years to rebuild the city after the wildfires. These fires have…
Los Angeles faces a rental crisis as prices surge following devastating wildfires LA Rental Prices Soar to $40,000 Monthly Amid Housing Crisis and Fires Los Angeles: The city was already struggling with housing affordability before wildfires wreaked havoc. Now, the situation is even worse. Calls to LA Estate Rentals have skyrocketed to 500 a day,…
Wildfires in Los Angeles are causing insurance losses to skyrocket, now estimated at $40 billion as the fires remain largely uncontrolled. LA Wildfire Insurance Loss Estimates Soar to Nearly $40 Billion Los Angeles: The wildfires tearing through the city are getting worse, and the costs are piling up. New estimates say insurance losses could hit…
Edison International’s choice to maintain power lines during a windstorm raises questions amid ongoing wildfire investigations in Los Angeles. Edison’s Decision to Keep LA Power Lines On Faces Intense Scrutiny Los Angeles: So, Edison International decided to keep some power lines running during a big windstorm last week, and now people are raising eyebrows. This…
S&P Global Ratings has downgraded Los Angeles utility bonds due to wildfire risks, raising concerns about financial liabilities and future ratings. S&P Lowers Los Angeles Muni Utility Bonds Rating by Two Notches Los Angeles: So, S&P Global Ratings just dropped the rating on the municipal bonds from the Los Angeles Department of Water and Power.…
Los Angeles faces heightened wildfire risks as strong winds and dry conditions persist, impacting millions in Southern California. Los Angeles Braces for Extreme Fire Risk as Winds Intensify Los Angeles: Hot, dry winds are hitting the city and nearby areas hard. This is raising wildfire risks through at least Wednesday. Sadly, the region has already…
Los Angeles asset managers are adapting to the impact of wildfires on their operations and supporting affected staff members Los Angeles Money Managers Face Wildfire Challenges to Operations and Staff Los Angeles: The wildfires in the area are causing quite a stir among asset management firms. Many are having to rethink their operations. Some are…
