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Global Forest Loss Tops Record as Wildfires Drive Destruction
May 21 2025 // Global loss of tropical and boreal forests surged to a record high last year as unprecedented temperatures fueled fires, releasing more than four times the emissions of all air travel in 2023. That’s according to the...
Swiss Re Profits Up Despite Losses from California Wildfires
May 16 2025 // Swiss Re AG’s profit rose in the first quarter as losses from the California wildfires were offset by positive performance across the business. Net income increased to $1.3 billion from $1.1 billion a year earlier,...
Conflagration’s role in the wildfire equation
May 16 2025 // This post is part of a series sponsored by Cotality. There’s a blurry line between where a wildfire ends and a conflagration begins. But, without an understanding of both types of fires, their dynamics, and their...
LA County Wildfire Alert Mistakenly Sent to Millions Due to Tech Glitch
May 15 2025 // A technological glitch caused an emergency alert to be mistakenly sent to millions of Los Angeles County residents in January rather than only those in the proximity of a wildfire, according to a congressional report. The...
German Reinsurers Report Q1 Profits Down Sharply on Los Angeles Wildfire Claims
May 13 2025 // Germany’s largest reinsurers, Munich Re and Hannover Re, reported sharp declines in first-quarter profit on Tuesday after a combined 1.7 billion euros ($1.89 billion) in claims relating to the Los Angeles wildfires...
Family of Helicopter Pilot Killed in California Wildfire Reaches $15M Settlement
May 13 2025 // The family of a helicopter pilot who died when his helicopter crashed while fighting a wildfire in Southern California reached a $15 million settlement with the company that maintained the aircraft, their attorneys...
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