California At A Crossroads Over Disaster Costs

California At A Crossroads Over Disaster Costs

A major state report due out next week could redefine how California pays for the staggering costs of climate-driven catastrophes. According to the Press Democrat, with the state’s Wildfire Fund teetering on the edge of collapse after last year’s sixty-five-billion-dollar firestorm in Los Angeles, the California Earthquake Authority is preparing to unveil a “Natural Catastrophe Resiliency Study” on April 7th. The report aims to tackle the urgent…

LA wildfires a real-world stress test. Investor confidence in wildfire cat bonds rose: Swiss Re - Artemis.bm

The devastating Palisades and Eaton wildfires that struck the Los Angeles area in January 2025 served as a real-world stress test for outstanding wildfire