Sonoma Newswire

Sonoma Newswire

Comprehensive Real-Time News Feed for Sonoma, CA.

Results 1 - 12 of 12 for "u:insurancejournal.com" in Sonoma, CA

  1. 2014 Napa Quake Could be Linked to Groundwater Changes, Study ShowsRead the original story w/Photo

    Jun 15, 2018 | Insurance Journal West

    Research suggests the magnitude 6.0 earthquake that rocked California wine country in 2014 may have been caused by an expansion of Earth's crust because of seasonally receding groundwater under the Napa and Sonoma valleys. The vineyard-filled valleys flank the West Napa Fault, which produced the quake that killed one person, injured several hundred and caused more than $500 million in losses.

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  2. California Commissioner Doing Battle with Insurers over Wildfire BillsRead the original story w/Photo

    Apr 25, 2018 | Insurance Journal West

    California Insurance Commissioner Dave Jones appears to be poised for a fight with the insurance industry over a legislative package supports say will protect survivors of last year's wildfires that struck in the fall. Jones is rallying with state Senators Mike McGuire, D-Healdsburg, and Bill Dodd, D-Napa, to oppose what he says are efforts by insurance lobbyists working in advance of a Senate Insurance Committee hearing today to "kill or water down" the legislative package.

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  3. California-based Law Firm Representing Insurers Takes 'Solution-Oriented' ApproachRead the original story w/Photo

    Jan 25, 2018 | Insurance Journal West

    It's no coincidence that the word "solutions" is included in the name of a new law firm representing insurers that recently launched in California. Woods Group Solutions, headquartered in Sonoma, Calif., began operations on Jan. 1 with a focus on creating solutions to problems faced by the insurance industry, according to owner Jim Woods, who described the new firm as "solution-oriented, creative and smart."

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  4. Carriers Had Crews Working in Heart of California Wildfires to Prevent LossRead the original story w/Photo

    Nov 15, 2017 | Insurance Journal West

    That apt description of the reaction to the deadly outbreak of wildfires that ravaged California in October was from Stephen Poux, global head of risk management and loss prevention for AIG's private client group. The carrier had several high net worth clients in the area who were affected by the siege that destroyed nearly 9,000 properties and killed 43, and as part of their service to those clients they had several personnel on the front lines of fires working to save what were likely very expensive properties.

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  5. Wineries Looking to Make Up Losses Following California WildfiresRead the original story w/Photo

    Nov 15, 2017 | Insurance Journal West

    A month after deadly wildfires swept through California's famed wine country, hot-air balloons are floating again over Napa Valley vineyards splashed with fall colors. On the heels of the disaster, a new winery is opening, keeping the name it chose some time ago: Ashes and Diamonds.

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  6. California Wildfires May Lead to $8B in Insured Losses: Aon BenfieldRead the original story w/Photo

    Nov 14, 2017 | Insurance Journal West

    California's historic wildfires may lead to as much as $8 billion in insured losses. That's a record for insurers, according the October 2017 Global Catastrophe Recap from Aon Benfield's Impact Forecasting.

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  7. Insured Losses from California Wildfires Now at $3.3 BillionRead the original story w/Photo

    Oct 31, 2017 | Insurance Journal West

    The largest California insurers have so far reported more than $3.3 billion in insured losses from the October wildfire siege, now considered the most destructive fires in state history. Insurance Commissioner Dave Jones on Tuesday updated insured loss claims data provided by 15 major insurers for residential and commercial claims resulting from the October wildfires that swept across the state killing 42 people and destroying more than 8,900 properties.

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  8. Insured Loss Estimates from California Wildfires Now up to $8 BillionRead the original story w/Photo

    Oct 27, 2017 | Insurance Journal West

    Insured losses from the siege of California wildfires could possibly reach $8 billion, according to new estimates released on Friday by catastrophe modeler RMS. The firm now estimates the insured loss for the wildfires impacting Sonoma, Napa, Solano, Lake and Mendocino counties will reach between $6 billion and $8 billion.

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  9. California's Wine Industry Taking Stock of Losses After WildfiresRead the original story w/Photo

    Oct 23, 2017 | Insurance Journal West

    Although still burning, the largest fires that have devastated California wine country are mostly contained, and winemakers, winery owners, and growers began taking stock this week of what they have-and haven't-lost. The numbers are numbing: at least 42 dead, nearly 100,000 evacuated, more than 5,700 homes, businesses, and wineries destroyed or damaged, more than 200,000 acres burned in total, and many vineyards singed and torched, according to an Oct. 17 announcement by CalFire, the state department of forestry and fire protection.

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  10. Cal Fire: California Wildfires Have Destroyed 3,500 Structures, Killed 17Read the original story w/Photo

    Oct 11, 2017 | Insurance Journal West

    Cal Fire is reporting that 17 people are confirmed to have died in the wildfires throughout the state this week and that at least 3,500 homes and commercial structures have been destroyed by the fast-moving blazes. "Overnight fire conditions were very active on several fronts forcing additional evacuations across Northern California," a statement from Cal Fire Reads.

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  11. California's $58B Wine Industry Hit by WildfiresRead the original story w/Photo

    Oct 11, 2017 | Insurance Journal West

    The fires ravaging Northern California stand to leave the area's renowned wine industry with damage that will be felt long after the final flames burn out. At least four Napa Valley vineyards have been destroyed or significantly damaged, and the toll may be even worse in Sonoma County to the west.

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  12. Wildfires in Northern California Kill 10, Damage VineyardsRead the original story w/Photo

    Oct 10, 2017 | Insurance Journal West

    Wildfires tore through northern California's iconic wine-growing regions of Napa and Sonoma, causing evacuations of more than 20,000 people, killing at least 10 and damaging some of the most valuable vineyards and wineries in the U.S. The blazes are sweeping through one of the state's most scenic and treasured destinations, threatening the livelihoods of tens of thousands of people. California's wine industry drew 23.6 million tourists and sold $34.1 billion in retail value in the U.S. in 2016, according to the Wine Institute.

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