L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill

Biztoc.com - January 9, 2025

L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill

Allstate, Chubb and Travelers are likely to be the publicly traded insurance carriers most affected, as they are the most exposed to the California homeowners’ market.

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