Mercury Insurance appoints Steve Bennett to lead climate and catastrophe science efforts, focusing on risk mitigation strategies to sustain property and casualty insurance in high-risk areas affected by extreme weather events.

Mercury Insurance appoints Steve Bennett as Senior Director to enhance risk mitigation and resilience in high-risk property and casualty insurance markets impacted by climate-driven catastrophes.

The US commercial P&C insurance market faces elevated catastrophe losses in 2025, with wildfire intensity and material costs impacting underwriting, premiums, and availability. Stable capital and competitive renewals present opportunities amid ongoing challenges.

Oregon's State Fire Marshal partners with the Insurance Institute for Business and Home Safety to promote wildfire-resistant home improvements and manage insurance premiums amid wildfire risks.

Tahoe Donner Association secures a $2.5M wildfire insurance policy linking premiums directly to decades of active forest management, setting a precedent for wildfire risk pricing.

The California FAIR Plan sees a surge in wildfire claims and policyholders after LA fires amid private insurer withdrawals, facing financial strain and legal scrutiny.

Discover how an innovative wildfire insurance policy in California rewards effective forest management, promoting safety and cost savings.