Los Angeles is grappling with a second week of wind gusts exacerbating wildfires. Read more at straitstimes.com.
Financial stocks largely retreated in the past week, which featured an extended rally in Treasury yields and hawkish remarks ...
Devastation could result in fewer coverage options for homeowners, with higher prices based on recent reforms.
Car insurance is more expensive in California than nearly anywhere else in the U.S.: Annual premiums for full coverage averaged $2,973 in January 2025, according to Bankrate analysis of Quadrant ...
Goldman Sachs estimates insured losses between $10b and $30b with the total damage potentially climbing to $40b.
The long-term picture for the insurance industry is brighter. Through the past five years of hurricanes and fires, insurance ...
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.
Wildfires that have ravaged swaths of Los Angeles could result in losses of as much as $30 billion for the insurance industry ...
The state’s insurance industry was reformed in late 2024 to promote coverage in disaster-prone areas. Tens of billions in ...
The massive fires that have destroyed much of Pacific Palisades and demolished thousands of homes and structures in Los ...
Analysts estimate the insured losses in Pacific Palisades alone could approach $10 billion, squeezing insurance companies at ...