Estimates on Winter Storm Fern insured losses could top $4B
Winter Storm Fern could cause up to $4 billion in insured losses, driven mainly by freeze-related burst pipes, power outages, and interior water damage.
Natural disasters hit global economy for $220bn in 2025: Swiss Re
Los Angeles wildfires caused $40bn in insured losses—the costliest wildfire on record—and helped drive $107bn in insured natural catastrophe losses in 2025.
What can we expect as fire season ramps up in California?
California recorded 8,110 blazes in 2024, marking a significant increase in wildfire activity compared to other regions across the country, emphasizing the state's fire vulnerability.