The Palisades Fire could cause more than $10 billion in damages, further straining the state’s fragile insurance market. On ...
California Fires Have Caused Billions of Dollars in Losses. Why Insurance Stocks Have a Brighter Future. Watching Pacific ...
Industry officials warn of widespread economic damage on par with some of the biggest fire disasters in recent memory.
California has been hit with an exodus of property insurance companies in recent years, and the state's ongoing wildfires ...
Key Takeaways Insurance company shares dropped as the massive wildfires in California are now estimated to have caused $135 ...
Wildfires engulfing swaths of Los Angeles are expected to be one of the nation’s costliest natural disasters, with insurers ...
AM Best expects insured losses from the California wildfires to be significant, with more-concentrated individual insurers likely to be more negatively impacted. However, the longer-term impact on the ...
At least 10 people have died across the Los Angeles area in the wildfires. Officials have said the true death toll is not ...