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Billions in insurance losses expected from LA wildfires, Moody's reports - Reinsurance News

Retrieved on: 2025-01-13 15:29:39

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Billions in insurance losses expected from LA wildfires, Moody's reports - Reinsurance News. View article details on hiswai:

Summary

The article discusses the severe impact of wildfires in Los Angeles on the insurance industry, highlighting significant financial losses due to climate change. It explores how insurers like State Farm are adapting using strategies such as reinsurance and adjusting underwriting practices.

Article found on: www.reinsurancene.ws

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