Tred R. Eyerly | Insurance Law Hawaii The settlement reached in the Maui fire cases appears to be a step closer to becoming a reality after the Hawaii Supreme Court issued its Order answering three reserved questions posed by the circuit court. In the Matter of the Petition for the Coordination of Maui Fire Cases,… Continue reading Hawaii Supreme Court Paves the Way for Maui Fire Settlement to Proceed
Tag: Wildfires
Wildfires and Property Insurance: Navigating a Shifting Landscape
Cameron Zangenehzadeh, Nathan Davis and Seth Row | Ahead of Schedule As wildfires grow more frequent and severe across California, Oregon, and Washington, homeowners and businesses face mounting challenges in securing and maintaining property insurance. The Los Angeles wildfires alone have resulted in tragic losses—28 lives, thousands of homes destroyed, and billions in economic damage.… Continue reading Wildfires and Property Insurance: Navigating a Shifting Landscape
With Wildfires at a Peak, “Firetech” Is Joining Smart City Lineups
James P. Bobotek | Gravel2Gavel The threat of extreme wildfires has doubled in the past 20 years, with almost 20,000 fires blazing across the United States in 2024 alone. These high-intensity fires can be deadly, expensive, and create lingering health and environmental consequences. While we are used to seeing firefighters on the frontlines, researchers hope that next-generation… Continue reading With Wildfires at a Peak, “Firetech” Is Joining Smart City Lineups
Wildfire Threats Make Utilities Uninsurable in U.S. West
Mark Chediak | Claims Journal Trinity Public Utilities District’s power lines snake through the lower reaches of the Cascade Range, a rugged, remote and densely forested terrain in Northern California that has some of the highest wildfire risk in the country. But for several years, the company has been without insurance to protect it from… Continue reading Wildfire Threats Make Utilities Uninsurable in U.S. West
California Insurance Reform Creates Opportunity
Greg Hoffnagle, Andrew Kliewer and Alex Selarnick | Goodwin Procter As wildfires continue to grow in frequency and scale across California, and as the state’s homeowner’s insurance crisis continues to worsen, the California Department of Insurance (DOI) has issued a proposed regulation that, for the first time, would allow insurers to rely on catastrophe models in setting… Continue reading California Insurance Reform Creates Opportunity