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Major California wildfire causes over $2 billion in insured losses by 2026-12-31

Resolves: Insured losses from a single wildfire event in California reported by a major insurance or reinsurance firm exceed $2 billion by 2026-12-31.

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Major California wildfire causes over $2 billion in insured losses by…

Market overview

California remains a high-risk area for wildfires due to ongoing drought and extreme heat. A single major wildfire event during the 2026 season could surpass $2 billion in insured losses, driven by property damage, business interruption, and infrastructure impacts.

price prediction market

Implied probability (Yes)
68%
Closes
2026-12-31

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Resolution criteria

Insured losses from a single wildfire event in California reported by a major insurance or reinsurance firm exceed $2 billion by 2026-12-31.

Source: user-generated

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