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 I-64 Virginia Beach
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As expected, now that the smoke has dispersed in the media’s eyes on the southern California wildfires themselves, attention now turns to the mysteries of Coverage A amounts on homeowners policies. As seen in the New York Times: “I have about $1.5 million coverage for dwelling only,” Mr. Okonsky said, or the equivalent of about [...]
Travelers grabbed headlines awhile back for promoting “greenness” by offering hybrid owners a 10% discount on their auto insurance. Interesting gimmick, true…but I think Fireman’s Fund may be trumping them in greenness. From Insurance Journal: In response to the Southern California wildfires that burned in late October, Fireman’s Fund Insurance Co. is responding with [...] 
Seen in an AP story: As wildfires were charging across Southern California, nearly two dozen water-dropping helicopters and two massive cargo planes sat idly by, grounded by government rules and bureaucracy. [...] It took as long as a day for Navy, Marine and California National Guard helicopters to get clearance early this week, in part because state [...] 
With the Santa Ana winds easing and emergency workers finally starting to make a little bit of headway in their battle against the southern California wildfires, the media seems to be turning its attention towards the insurance matters ahead. For example, Reuters is reporting: Risk Management Solutions, which predicts and assesses insured damages, said in a [...]
Seen at Business Insurance: Catastrophe modeling company EQECAT on Wednesday estimated that insured losses from Southern California’s fires have now exceeded $1 billion. The losses will continue to mount until the Santa Ana winds die down and firefighters can contain the fires, EQECAT said. Judging by the television broadcast news folks getting a little tired of showing pictures [...]
As seen from space: [Expletive elided.]
You may have heard about the wave of wildfires that are threatening several communities in Southern California due in part to recent strength of the Santa Ana winds. One comment I’ve heard in some of the coverage has caught my attention. From the International Herald Tribune: In San Diego County as many as 10,000 homes were [...] |
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