Update: LA Wildfire Insurance-Loss Estimates Approach $40 Billion

Update: LA Wildfire Insurance-Loss Estimates Approach $40 Billion

2 weeks from now

2 days ago  · The cost of wildfires ravaging swaths of Los Angeles keeps rising, with new estimates of the total losses for the insurance industry now seen as high as $40 billion.

insurancejournal.com

LA Wildfire Insurance-Loss Estimates Approach $40 Billion

2 weeks from now

1 day ago  · The cost of wildfires ravaging swaths of Los Angeles keeps rising, with new estimates of the total losses for the insurance industry now seen as high as $40 billion.

bloomberg.com

Los Angeles Wildfires: Insured Loss Estimate Hits $40 Billion ...

2 weeks from now

1 day ago  · At the high end of the estimate, $40 billion, analysts expect W.R. Berkley’s net losses from the fires to surpass its reinsurance retention, along with the companies previously …

financialexpress.com

Los Angeles Fire Losses Could Reach $30 Billion For Insurers

2 weeks from now

2 days ago  · Multiple fires raging across the Los Angeles area will cost insurers as much as $30 billion, Wells Fargo and Goldman Sachs estimated in a report released this week.. After …

go.com

California Wildfires: Insured Losses Could Top $30B, Wells Fargo ...

2 weeks from now

3 days ago  · At least 12,000 structures have been destroyed or damaged by the wildfires in the greater Los Angeles area. ... insured loss of $40 billion it would represent a 2% hit to equity for …

foxbusiness.com

Los Angeles Fires Become Existential Test For California's Stopgap …

2 weeks from now

Jan 9, 2025  · Update: LA Wildfire Insurance-Loss Estimates Approach $40 Billion . Written By Leslie Kaufman ... Insured Losses From Los Angeles Wildfires Rising: $8B to $20B

insurancejournal.com

Insurance Industry Stares At Potential Record-breaking Losses From …

2 weeks from now

6 days ago  · Wildfire-focused insurtech MGA Kettle has more than doubled its insured loss estimate to a range between $11 billion and $17.5 billion, up from $5 billion estimated earlier, …

reuters.com

Los Angeles Wildfires Magnify California 'insurance Crisis' As ...

2 weeks from now

Jan 9, 2025  · Analysts estimate the insured losses in Pacific Palisades alone could approach $10 billion, squeezing insurance companies at a time when some have been pulling back policies.

nbcnews.com

Economic Loss From L.A. County Wildfires Could Top $50 Billion

2 weeks from now

Jan 9, 2025  · A preliminary report by Accuweather estimated the cost of the wildfires ravaging L.A. County at more than $50 billion, a total that would make it one of the costliest natural …

latimes.com

L.A. Fire Insured Losses Could Top $20 Billion - Axios

2 weeks from now

5 days ago  · Risk experts believe the insured losses from the Los Angeles wildfires will easily top $20 billion, but in some ways that's only the start of the crisis California now faces.. Why it …

axios.com

KBW Raises LA Wildfire Insured Loss Scenarios To Between $25bn …

2 weeks from now

2 days ago  · With the Palisades Fire now covering more than 23,000 acres and just 14% contained, and the Eaton Fire covering over 14,000 acres and 33% contained, according to …

reinsurancene.ws

L.A. Wildfires To Cost Insurers More Than $20 Billion. Three …

2 weeks from now

Jan 9, 2025  · L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill. J.P. Morgan doubles previous insurance-loss estimate; Allstate, Chubb …

marketwatch.com

How Will LA's Devastating Fire Losses Affect Insurance And Home

2 weeks from now

Jan 9, 2025  · JP Morgan issued a preliminary estimate of $10 billion. Whatever the final tally, the fires are sure to be a major hit to large insurers like State Farm, Allstate and Farmers, and to …

laist.com

Insured Losses From Los Angeles Wildfires Rising: $8B To $20B

2 weeks from now

Jan 9, 2025  · Insured loss estimates currently range from $8 to $20 billion. Reports on the number of structures burned continue to rise too quickly to put out an accurate count that lasts beyond …

insurancejournal.com

Damages From LA Fires Could Impact Insurance For All Californians ...

2 weeks from now

6 days ago  · Financial cost behind LA firestorms. So far there is no official dollar amount for the LA wildfire damages, but initial estimates by some experts put it at $20 billion to $50 billion for …

ktvu.com

Factbox-Insurance Industry Stares At Potential Record-breaking

2 weeks from now

The ratings agency said early estimates suggest insured losses from the wildfire are significant and can potentially match the about $16 billion from the 2017 Tubbs Fires in Northern …

msn.com

LA Wildfire Insured Losses Could Reach $16bn: S&P Global

2 weeks from now

6 days ago  · Wildfire specialist MGA Kettle yesterday estimated insured losses from the wildfires could range from $11bn to $17.5bn, which would top the state’s previously costliest fire, the …

insuranceinsider.com

JP Morgan Analysts Double LA Wildfire Insurance Loss Estimate To …

2 weeks from now

Jan 9, 2025  · We reported this morning that a number of analyst reports had pegged the potential insurance industry loss from the LA wildfires at somewhere between $6 billion and $13 billion.

artemis.bm

Insurers Could Face $20 Billion In Loses From California Wildfires ...

2 weeks from now

6 days ago  · Insured losses from the wildfires scorching Southern California could hit $20 billion and possibly higher, making it the most expensive disaster in the state's history, according to …

ibtimes.com

LA Wildfire Insurance-Loss Estimates Approach $40 Billion - Blind

2 weeks from now

1 day ago  · The cost of wildfires ravaging swaths of Los Angeles keeps rising, with new estimates of the total losses for the insurance industry now seen as high as $40 billion ...

teamblind.com