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

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.


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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

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Too High? Too Low? BMS Analyzes Early Wildfire Insured Loss …

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16 hours ago  · Industry analysts’ early estimates of insurance industry losses for the January 2025 California wildfires have already grown from $8 billion to $40 billion-plus—with many …

insurancejournal.com

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Los Angeles Fire Losses Could Reach $30 Billion For Insurers

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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

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

2 weeks from now

6 days ago  · 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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California Wildfires: Insured Losses Could Top $30B, Wells Fargo ...

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2 days ago  · Either estimate coming to fruition would make this month's wildfires the costliest in the state of California's history, surpassing the 2018 Camp Fire which caused about $10 billion …

foxbusiness.com

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

2 weeks from now

6 days ago  · 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 disasters …

latimes.com

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

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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

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Economic Loss From LA Wildfires Could Reach $150 Billion: Report

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6 days ago  · Damage from LA wildfires could be between $135 billion to $150 billion. ... Damage from LA-area wildfires estimate: $135B-$150B; ... “Personal lines, homeowner and dwelling …

newsnationnow.com

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L.A. Wildfires To Cost Insurers More Than $20 Billion ... - Morningstar

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6 days ago  · J.P. Morgan doubles previous insurance-loss estimate; Allstate, Chubb and Travelers most affected Insurance companies are bracing for more than $20 billion in …

morningstar.com

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LA Wildfires Insurance Cost Estimates Spike To $30 Billion (1)

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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. …

bloomberglaw.com

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

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5 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

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

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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

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LA Wildfire Losses To "notably Exceed" $10bn, Could Approach …

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3 days ago  · – JP Morgan analysts double LA wildfire insurance loss estimate to ~$20bn. – LA wildfires: Analysts put insured losses in $6bn – $13bn range. Economic loss said $52bn+. – …

artemis.bm

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JP Morgan Analysts Double LA Wildfire Insurance Loss Estimate To …

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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

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California Wildfires: Death Toll Climbs To 24 With Strong Winds To …

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3 days ago  · If these figures are confirmed the damage and economic loss in L.A. has exceeded Hurricane Helene in 2024, which cost between $225 billion to $250 billion, as well as the …

nbcnews.com

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

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5 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

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

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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 …

msn.com

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LA Wildfire Insurance-loss Estimates Approach US$40b - Lumi …

2 weeks from now

Debris around a pool in the aftermath of the Eaton Fire in Altadena (Source: Bloomberg)THE cost of wildfires ravaging swaths of Los Angeles keeps rising, with new estimates of the total losses …

luminews.my

FAQs about Update: LA Wildfire Insurance-Loss Estimates Approach $40 Billion Coupon?

How much will Los Angeles wildfires cost insurance companies?

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

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 did the Los Angeles wildfires cost?

He is a native of Seoul, Korea, and graduated from the University of Chicago. 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 disasters in recent U.S. history. ...

Why are Los Angeles wildfire loss estimates important?

The Los Angeles wildfire loss estimates are critical as they underscore the escalating financial risks posed by climate-related disasters, highlighting potential implications for the insurance industry and the broader economic resilience. ...

How much does a wildfire cost insurance?

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

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. ...

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