Southern California Wildfires (Jan 2025)

Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings

Warren Buffett’s conglomerate held $334 billion in cash at the end of 2024, helping to stabilize earnings in the face of declines at more than half of the nearly 200 businesses it operates.

By Stacy Cowley

FAIR Plan Global Warming Greenhouse Gas Emissions Homeowners Insurance Insurance Regulation and Deregulation of Industry Southern California Wildfires (Jan 2025) Wildfires

California’s FAIR Plan Gets $1 Billion Bailout After L.A. Fires

The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying a home insurance crisis.

By Christopher Flavelle

Cadogan, Tim Disasters and Emergencies Evacuations and Evacuees Federal Emergency Management Agency GoFundMe Philanthropy Southern California Wildfires (Jan 2025) Wildfires

How GoFundMe Became a $250 Million Lifeline After the L.A. Fires

Donations on the crowdfunding site to people and fire relief efforts have exceeded those for all natural disasters worldwide last year.

By Ken Bensinger and Jeremy Singer-Vine

Compensation for Damages (Law) Pizarro, Pedro J Southern California Edison (SCE) Southern California Wildfires (Jan 2025)

Southern California Edison Found Irregularities on Equipment Where Eaton Fire Broke Out

Southern California Edison said video evidence had led it to look more broadly at whether its equipment might have been the cause of the deadly blaze.

By Ivan Penn