How the Game-Changing LA Wildfires Are Reshaping the Commercial Insurance Landscape 2025

The 2025 Los Angeles wildfires—most notably the devastating Palisades and Eaton fires—have shattered historic records, destroying over 16,000 structures across 37,000 acres and resulting in insured losses estimated between $25bn and $40bn, with total economic losses potentially exceeding $150bn. The Palisades Fire by itself brought an estimated insured loss of $23bn, which is costlier than any other full year of insured wildfires losses on record, Gallagher Re said.

While these fires destroyed thousands of homes, commercial insurers, including those underwriting public entity risks, like schools and public buildings, were also impacted. For commercial property insurers, these events have not only triggered a surge in claims but also exposed critical vulnerabilities in risk aggregation, underwriting, and claims management.

Join Insurance Insider, in partnership with Markel, for a timely and in-depth webinar on 10:30 EDT/3:30 BST on July 29 exploring how these catastrophic wildfires are reshaping the commercial property insurance industry.

Panel includes

• Connie Masella, Senior Managing Director of Property, Markel
• John Wall, CTO and Co-Founder, Fortress Fire
• Molly Tully, Global Specialty Client Segment Lead, Aon
• Moderator: Meg Green, Senior Editor, Insurance Insider