Factbox-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.
How Los Angeles wildfires could affect California's home insurance market
State authorities previously listed the Palisades as one of the five Southern California areas with the highest concentration of potential wildfire risks. The community also is among the areas most impacted by an unavailability of insurance coverage.
LA Wildfire Insured Losses Total Billions of Dollars, Ratings Agencies Say
The most destructive wildfires ever for Los Angeles may cause billions of dollars in insured losses, ratings agencies said on Thursday, though many homes are likely uninsured. The wildfires burning in the Pacific Palisades,
Insurance stocks sell off sharply as potential losses tied to LA wildfires increase
AllState, Chubb and Travelers are the most exposed carriers to insured losses in the wildfires, according to JPMorgan.
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.
LA Wildfires’ Insured Losses Risk Exceeding $10 Billion
Wildfires engulfing swaths of Los Angeles are expected to be one of the nation’s costliest natural disasters, with insurers potentially incurring losses of more than $10 billion.
Los Angeles Wildfires Loss Estimate Now Up to $150B as Death Toll Rises
KEY TAKEAWAYS The total damage and economic loss attributed to the Los Angeles-area wildfires is estimated at between $135 billion and $150 billion, according to updated AccuWeather figures.At least 10 people have died from the wildfires,
US property and casualty insurers slide as Los Angeles wildfire losses mount
U.S. property and casualty insurance stocks slid in premarket trading on Friday on worries over the billions of dollars in potential catastrophe-related claims from the wildfires menacing Los Angeles,
Billions in Insured Losses Possible in Los Angeles Wildfires
Los Angeles firefighters are battling to contain five major blazes as powerful winds continue to fan the flames that have left at least five people dead, decimated neighborhoods and forced more than 100,
LA wildfire losses raise questions about all California insurance coverage in future
California had just set new rules for insurance companies, aimed at enticing insurers who had left the state, to return to the California market and resume writing policies for people in high-risk areas.
Renters Insurance: Why It Matters For Landlords
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California insurance crisis: List of carriers that have fled or reduced coverage in the state
California has been hit with an exodus of property insurance companies in recent years, and the state's ongoing wildfires ...
LA fires spotlight the home insurance industry amid climate change
Ballooning expenses for insurers and homeowners alike are most pronounced in disaster-prone areas like California and Florida ...
California homeowners left without insurance ahead of wildfires
Los Angeles fire insurance expert Richard Giller joins ‘Fox & Friends’ to shed light on why some Californians were dropped by ...
LAist on MSN38m
Cheat Sheet: These are the steps fire victims need to take to make an insurance claim
We have tips from California's insurance commissioner on how to contact the state and start the claims process, and how to ...
House Digest on MSN21h
Everything To Know About Homeowners Insurance In The Case Of Wildfire Damage
In the wake of massive fires popping up in California and other areas on the West Coast, ensure you know what your homeowners ...
State Farm canceled California homeowners’ insurance policies months before wildfires
The insurance company canceled thousands of California homeowners' insurance policies last year in an attempt to avoid ...
How the devastating Los Angeles fires could deepen California’s home insurance crisis
The massive fires that have destroyed much of Pacific Palisades and demolished thousands of homes and structures in Los ...
The Pacific Palisades Inferno Won’t Engulf the Insurance Industry
Watching Pacific Palisades burn, it may be hard to imagine the insurance industry thriving. But the severe weather of climate ...