Weather Risk

Munich Re estimates overall losses from the LA wildfires at around $53 billion, with $40 billion insured.

Unlike the eastern U.S., California and many Western states receive most of their water between October and April before the dry season begins.

Severe convective storm losses accounted for nearly half of all natural catastrophe losses last year.

Unlike other natural disasters, wildfires intensify when they encounter a built environment.

Back-to-back March storms caused flash flooding and landslides across the state.

Issues can develop after months of winter weather that put homeowners at risk of claims.