HomeMarketsU.S. EconomyImpact of L.A. Wildfires on Insurers, Markets

Impact of L.A. Wildfires on Insurers, Markets

David Nelson discusses the financial impact of the devastating L.A. wildfires. He highlights insurance companies leaving the state and how the remaining ones will have to deal with catastrophic losses. He also looks at the punishment utilities companies have taken, especially since they have been blamed for starting fires before.

Market On Close

15 Jan 2025

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