Ennifer McDermott and Jennifer Sinco Kelleher | Claims Journal Hawaii’s electric utility acknowledged its power lines started a wildfire on Maui but faulted county firefighters for declaring the blaze contained and leaving the scene, only to have a second wildfire break out nearby and become the deadliest in the U.S. in more than a century.… Continue reading Hawaii Electric Takes Responsibility for First Fire on Maui, But Faults Firefighters
Tag: Wildfires
One More Thing Moving From California to Texas: Wildfire Risk
Patrick Sisson | Bloomberg Climate change and development are set to collide in the booming Austin-San Antonio megaregion as housing expands into fire-prone wildlands. In early January, Keith Elwell was doing one of the things he does best, swinging chainsaws to help save forests from wildfire. Amid groves of junipers and white oak trees, Elwell… Continue reading One More Thing Moving From California to Texas: Wildfire Risk
Wildfire Insurance Coverage Series, Part 5: Valuation of Loss, Sublimits, and Amount of Potential Recovery
Scott P. DeVries | Hunton Andrews Kurth Insurance policies provide different levels of insurance coverage and even if the amount purchased was adequate at one time, developments over time (e.g., inflation, upgrades, regulatory changes and surge pricing) may leave the policyholder underinsured. In this post in the Blog’s Wildfire Insurance Coverage Series, we emphasize the… Continue reading Wildfire Insurance Coverage Series, Part 5: Valuation of Loss, Sublimits, and Amount of Potential Recovery
Wildfire Insurance Coverage Series, Part 2: Coverage for Smoke-Related Damages
Scott P. DeVries and Yosef Itkin | Hunton Andrews Kurth For many policyholders, smoke emanating from wildfire causes as much if not more damage than the fire itself. In this post in the Blog’s Wildfire Insurance Coverage Series, we discuss damages caused by smoke emanating from wildfires. Some insurers argue that policies are limited to… Continue reading Wildfire Insurance Coverage Series, Part 2: Coverage for Smoke-Related Damages
Wake-Up Call: Understanding Commercial Fire Insurance Coverage In The Wake Of The Colorado Wildfire
Marshall Gilinsky and Carrie Maylor DiCanio | Anderson Kill Key Points: The wildfire that struck Boulder County, Colo., on December 30 was the most destructive in the state’s history In an era of intensifying natural disasters, businesses need to be aware of all their coverages and be prepared to maximize recovery Coverages to consider besides… Continue reading Wake-Up Call: Understanding Commercial Fire Insurance Coverage In The Wake Of The Colorado Wildfire