LA Wildfires Losses Could Top $30 Billion for Insurance Industry

3 days ago · Wildfires that have ravaged swaths of Los Angeles could result in losses of as much as $30 billion for the insurance industry as the blazes rage on almost a week after they ignited.

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LA Wildfires Losses Could Top $30 Billion For Insurance Industry

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3 days ago · Wildfires that have ravaged swaths of Los Angeles could result in losses of as much as $30 billion for the insurance industry as the blazes rage on almost a week after they ignited.

bloomberg.com

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LA Wildfires Losses Could Top $30 Billion For Insurance Industry

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2 days ago · Wildfires that have ravaged swaths of Los Angeles could result in losses of as much as $30 billion for the insurance industry as the blazes rage on almost a week after they ignited.

claimsjournal.com

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

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3 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

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

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3 days ago · Under the $30 billion base case for insured losses, $25.5 billion of those would come from homeowners' insurance policies compared to $4.05 billion from commercial lines and …

foxbusiness.com

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Los Angeles Fire Losses Could Reach $30 Billion For Insurers - MSN

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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 accounting for non ...

msn.com

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LA Wildfires Insurance Cost Estimates Spike To $30 Billion (2)

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3 days ago · Wildfires that have ravaged swaths of Los Angeles could result in losses of as much as $30 billion for the insurance industry as the blazes rage on almost a week after they ignited. …

bloomberglaw.com

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Insured Losses From LA's Fires Could Be Upwards Of $30 Billion ...

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1 day ago · LA's fires could be "the costliest insured loss due to wildfires in history globally," said Karen Collins of the American Property Casualty Insurance Association.

marketplace.org

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LA Wildfires Losses Could Top $41b For Insurance Industry

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3 days ago · LOS ANGELES – Wildfires that have ravaged swathes of Los Angeles could result in losses of as much as US$30 billion (S$41 billion) for the insurance industry, as the blazes rage …

straitstimes.com

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LA Wildfire Insurance-Loss Estimates Approach $40 Billion

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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.

bloomberg.com

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

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Jan 9, 2025 · Insurance companies are bracing for more than $20 billion in insurance losses from the wildfires raging in the Los Angeles area, analysts at J.P. Morgan said Thursday, doubling …

marketwatch.com

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LA Wildfires Losses Could Top $30 Billion For Insurance Industry

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2 days ago · New estimates exceed last week’s prediction that fires stood to cost insurers around $20b

gulfnews.com

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The 2025 L.A. Fires Could Worsen California's Insurance Crisis - Los ...

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Jan 9, 2025 · JP Morgan analysts estimate that total L.A. County losses could be close to $50 billion, while the losses insurers will have to pay could top $20 billion. Another estimate puts …

latimes.com

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L.A. Wildfires Losses Could Top $30 Billion For Insurance Industry

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2 days ago · Wildfires that have ravaged swaths of Los Angeles could result in losses of as much as $30 billion for the insurance industry as the blazes rage on almost a week after they ignited.

fa-mag.com

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Insurance Industry Stares At Potential Record-breaking Losses From …

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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

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LA Wildfires Threaten Billions In Insurance Losses: Moody's

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3 days ago · For context, California's most expensive wildfire to date, the 2018 Camp Fire, resulted in insured losses of $10 billion ($12.5 billion in 2024 dollars). The Woolsey Fire, which …

insurancebusinessmag.com

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Insured Losses Of $30 Bn From LA Wildfires "seem Possible", Wells …

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3 days ago · Investing.com - Insured losses from the deadly Los Angeles wildfires could climb to $30 billion, according to estimates from analysts at Wells Fargo (NYSE: WFC).

investing.com

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Los Angeles Fire Damage Likely To Be Costliest Wildfire In U.S.

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Insured losses could be more than $20 billion, or even higher if the fires spread further ... (2 min) Satellite images showed the breadth of the devastation from the Los Angeles wildfires, which a ...

wsj.com

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Analysts Expect LA Fires To Be Treated As Single Event As Insured …

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3 days ago · Analysts at Evercore ISI have estimated that insurance industry losses from the Los Angeles wildfires will be in the $20 billion to $25 billion range, and also expect the fires to be …

reinsurancene.ws

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Cost Of LA Wildfires Mounting For Insurers, Likely To Spur More Exits

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6 days ago · The four fires raging across Los Angeles could cost insurers as much as $20 billion in losses, JPMorgan said this morning, more than double an earlier estimate. That comes as those companies are ...

yahoo.com

FAQs about LA Wildfires Losses Could Top $30 Billion for Insurance Industry Coupon?

How much will Los Angeles wildfires cost insurers?

L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill. Firefighters battle a fire in the Altadena area of Los Angeles County. Losses for insurers have been pinned at more than $20 billion. Photo: AFP via Getty Images ...

How will California Wildfires affect the insurance industry?

Investing.com -- Barclays (LON:BARC) released an analysis of the potential financial impact of the California wildfires on the insurance industry, projecting industry-insured losses to range between $17 billion and $30 billion. ...

How much did California wildfire losses cost?

Financial analysts at Wells Fargo Securities estimated that insured losses from the Southern California wildfires could exceed $30 billion based on their latest analysis. ...

Are insurance companies preparing for a wildfire in Los Angeles?

Insurance companies are bracing for more than $20 billion in insurance losses from the wildfires raging in the Los Angeles area, analysts at J.P. Morgan said Thursday, doubling their insurance-loss estimates from a day earlier. ...

How much money did Wells Fargo lose during the wildfires?

Financial analysts at Wells Fargo Securities released a report to clients on Sunday, which said that their "base case" for insured losses due to the wildfires was $30 billion, adding that the total losses could fall in a range between $20 billion and $40 billion. ...

How much will Los Angeles County's insurance losses cost?

JP Morgan analysts estimate that total L.A. County losses could be close to $50 billion, while the losses insurers will have to pay could top $20 billion. Another estimate puts the losses even higher. ...