Insurers face up to $20 billion in losses from Los Angeles wildfires, doubling initial estimates. JPMorgan analysts revised ...
Allstate, Travelers, and Chubb likely will be the publicly traded insurers most exposed to losses from the L.A. fires, ...
Shares in Mercury, a publicly-owned insurer highly exposed to California, crashed ahead of Friday's opening bell.
Shares of leading U.S. home and auto insurers fell on concerns the Los Angeles infernos, likely to be the costliest wildfire in U.S. history, will hit earnings. Preliminary ...
The devastating wildfires burning through Los Angeles County this week are stoking concerns that California’s already ...
Allstate, Travelers, and Chubb will likely be the publicly-traded insurers most exposed to losses from the L.A. fires, according to J.P. Morgan. Allstate was down 5.1%, Travelers fell 4%, and Chubb ...
The total damage and economic loss attributed to the Los Angeles-area wildfires is estimated at between $135 billion and $150 billion, according to updated AccuWeather figures.
Popular narrative suggests insurance companies have to raise rates due to fire risk. In reality, the companies are doing ...
The new CEO for USAA joined CNBC to discuss the challenges that insurance providers in California ravaged by historic ...
Progressive (PGR) and Travelers (TRV): The Los Angeles wildfires c ...
The fires, which are still not under control and have killed at least five people, are likely to cost more than $50 billion in overall losses, the analysts said. Late Thursday, Accuweather pinned the ...
Dow, S&P 500, and Nasdaq futures are falling in premarket trading Friday as the stock market braces for a key jobs report.