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Verisk Report Shows Wildfire Catastrophe Losses Rise Nearly 2,000% in 2025

By Public Technologies
  • Verisk's wildfire analysis shows U.S. catastrophe losses rose nearly 2,000% in 2025; claims increased nearly 500% from 2024.
  • Across 14 analyzed states, acres burned fell nearly 60%; wildfire counts rose less than 3%.
  • Wildfire-exposed risks remain harder to place, price and manage despite more favorable conditions for some other catastrophe risks.
  • U.S. property/casualty insurers' first-half 2026 underwriting gain reached $31.7 billion, versus $11.6 billion a year earlier, when Los Angeles wildfires weighed.
  • California FAIR Plan exposure reached $768 billion in June 2026, up 250% from 2022, highlighting coverage pressures in high-hazard areas.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Verisk Analytics Inc. published the original content used to generate this news brief on November 12, 2026, and is solely responsible for the information contained therein.

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