LA Wildfire Costs Double to $20 Billion Overnight for Insurers
The potential cost for insurers of the devastation caused by the Los Angeles wildfires is now expected to surpass $20 billion, according to analysts at

President Joe Biden’s designation of two national monuments in California this week will further divide western states and policymakers embroiled in legal and political fights over White House power to unilaterally block mining, oil and gas drilling, and other development on federal lands.
The Environmental Defense Fund is challenging the Environmental Protection Agency’s final rule updating procedures under the Toxic Substances Control Act for companies that want to import or make new chemicals in the US.
The IRS rejected pleas for changes from the hydrogen industry and doubled down on its treatment of fuel cells as a combustion or gasification technology in the final clean electricity tax credit rules.
Industry petitioners seeking to quash ethylene oxide limits rely on a “perverse” reading of clean air law that undermines the health-protective standards, according to the Environmental Protection Agency.
The potential cost for insurers of the devastation caused by the Los Angeles wildfires is now expected to surpass $20 billion, according to analysts at
Singapore is at the forefront of both a global surge in mosquito-spread diseases, and efforts to weaponize the insects against the very diseases they carry.
The wildfires sweeping through Los Angeles are unlikely to trigger significant losses for
President
The Environmental Defense Fund is challenging the Environmental Protection Agency’s final rule updating procedures under the Toxic Substances Control Act for companies that want to import or make new chemicals in the US.
Industry petitioners seeking to quash ethylene oxide limits rely on a “perverse” reading of clean air law that undermines the health-protective standards, according to the Environmental Protection Agency.
Wildfires engulfing swaths of Los Angeles are expected to be one of the nation’s costliest natural disasters, with insurers potentially incurring losses of more than $10 billion.
The Internal Revenue Service has priority over a $1 million payout received by a Florida staffing company from the Deepwater Horizon oil spill settlement, outstripping the bankruptcy claim of an insurer, the US Court of Appeals for the Eleventh Circuit ruled.
A former lawyer who aided Alex Murdaugh’s scheme to steal a $3.8 million insurance settlement intended for the family of his deceased housekeeper must pay nearly the same amount in damages to the insurer, a
Circle Chief Executive Officer
Paul Pineau was named general counsel and secretary at the Metropolitan Museum of Art in New York, the museum announced Thursday.
Stephen Koval joined Blank Rome as a partner in its corporate, mergers and acquisitions, and securities group, the firm announced Thursday.
Get the latest legal, regulatory, and enforcement news and analysis, as well as in-depth business and industry covering in the following areas: