Devastation could result in fewer coverage options for homeowners, with higher prices based on recent reforms.

The long-term picture for the insurance industry is brighter. Through the past five years of hurricanes and fires, insurance ...

AccuWeather experts revised their estimate of the damages from about $50 billion to between $135 billion and $150 billion.

U.S. stock index futures slipped on Friday ahead of a crucial labor market report, at a time when concerns around inflation ...

This story was originally published by Grist and is reproduced here as part of the Climate Desk collaboration. On Tuesday, ...

Diversified Trust Co lifted its stake in shares of Mercury General Co. (NYSE:MCY – Free Report) by 9.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 8,909 shares of the ...

Mercury General Corporation is expecting losses from the Los Angeles wildfires to exceed its insurance retention level of ...

Shares of insurance companies, including Mercury General, Lemonade, and Kemper, fell Friday as investors assessed their exposure to the wildfires raging through Southern California.

Shares of banks and other financial institutions fell as fears about a spike in Treasury yields and the Californian wildfires weighed. The 10-year Treasury yield, a benchmark for a range of consumer ...

"We expect insured losses to run well into the billions of dollars, given the high value of homes and businesses in the ...

The fires ravaging upmarket Los Angeles districts Pacific Palisades and Malibu will be the most expensive ever to hit California, according to experts, who expect premiums to rise in a ...