homeowners insurance News

Estimate of Losses From Devastating Hawaii Wildfires Increases to $14B-$16B

AccuWeather increased its estimate of the total damage and economic loss from the devastating wildfires burning in Hawaii to $14 to $16 billion. The update follows AccuWeather’s preliminary estimate last week of total damage and economic loss of $8-10 billion. …

At Least 55 Died in Hawaii Fires, Thousands of Structures Exposed

Wildfires on Maui have killed at least 55 people and wiped out a historic town, exposing thousands of structures in a disaster that could end up exceeding early damage and loss estimates of more than $8 billion. The Associated Press …

AccuWeather: Damage and Economic Loss from Wildfires in Hawaii $8B to $10B

AccuWeather’s preliminarily estimate of the total damage and economic loss from the wildfires burning in Hawaii is from $8 billion to 10 billion. The worst of the fires hit the Island of Maui, with the Lahaina area especially hard hit. …

At Least 36 Killed, Hundreds of Properties Destroyed in Hawaii Fires

Thousands of Hawaii residents raced to escape homes on Maui as blazes swept across the island, destroying parts of a centuries-old town and killing at least 36 people. The fire left behind burned-out cars on once busy streets and smoking …

Wind-Driven Hawaii Wildfire Destroying Maui Tourist Town

A wildfire erupted in Maui on Wednesday fueled by strong winds from Hurricane Dora, destroying homes and businesses in a tourist town and forcing some residents to jump into the ocean to escape the flames. The Associated Press is reporting …

Bursting Ice Dam in Alaska Highlights Risks of Glacial Flooding

The gray, two-story home with white trim toppled and slid, crashing into the river below as rushing waters carried off a bobbing chunk of its roof. Next door, a condo building teetered on the edge of the bank, its foundation …

Pennsylvania PUC Approves $1M Settlement Over Gas Explosion That Leveled Home

The Public Utility Commission has approved a revised settlement totaling nearly $1 million with a gas utility over a 2019 explosion in western Pennsylvania that reduced a home to rubble and injured five people. Canonsburg-based Columbia Gas took responsibility for …

New Jersey House Fire That Killed 4 Ruled an Accident

A fast-moving house fire in southern New Jersey that killed four family members, including a four-month-old baby, has been ruled an accident, authorities said Wednesday. Two women, an infant and a teenage girl died in Tuesday`s fire in Lacey Township, …

Compensation for New Mexico Wildfire Victims Tops $14M and is Climbing

More victims of a devastating wildfire sparked last year by the U.S. Forest Service in northern New Mexico are getting compensated, with payouts to landowners totaling more than $14 million as of early next week, federal emergency managers said. Congress …

Pennsylvania Socialite, Convicted of Millions in Insurance Fraud, Dies at 71

The judge called it a “spectacular” fall from grace after a well-known Pennsylvania socialite was convicted in 2019 of more than $13 million in insurance fraud. Four years later, the Bucks County woman, Claire Risoldi, has died at age 71, …