California Wildfires Intensify Pivotal Moment for Insurance Industry

Biztoc.com - January 8, 2025

California Wildfires Intensify Pivotal Moment for Insurance Industry

With over 13,000 homes at risk, the losses from the Los Angeles wildfires could approach $10 billion, according to preliminary estimates by J.P. Morgan. The financial devastation threatens to upend an insurance market that is already under profound financial …

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