Insurance industry stares at potential record-breaking losses from Los Angeles wildfires
Analysts are evaluating the financial impact of the wildfires that have charred hillsides, homes, and streets in Los Angeles County, with initial estimates suggesting total insured losses could reach as high as $20 billion.
California wildfires continue with dry conditions and powerful winds —which are due to last through Friday — fueling at least five fires.
California's insurance commissioner has banned insurance companies from canceling or not renewing polices for homeowners affected by the Palisades and Eaton fires for one year, his office said.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback