As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.
Read more at Inc.
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How could Trump target FEMA amid wildfire damage in L.A. area?
President Trump is traveling to natural disaster areas for his first official trip outside of Washington, D.C., since taking office earlier this week. CBS News White House reporter Willie James ...CBS News - 13h -
As wildfire damage climbs to $40 billion, homeowners face higher insurance costs
S&P Global expects home insurance rates to be ‘heavily impacted’ by LA wildfiresMarketWatch - 22h -
President Trump to tour part of L.A. area hit by wildfires
As firefighters continue to battle the L.A. area wildfires, including the Hughes Fire that has scorched more than 10,000 acres, President Trump is set to tour parts of the impacted area.CBS News - 1d -
Wildfires in L.A.: Where Small-Business Owners Can Find Aid, Even If Insurers Are Squeezed
Despite insurers’ retrenchment in California, the onus is still on them to make their claimants whole, an insurance industry watchdog says.Inc. - Jan. 15 -
Are arsonists responsible for the L.A. wildfires?
Fire investigators are working to determine whether the Los Angeles blazes were the result of an intentional act, an accident or damaged utility lines.NBC News - Jan. 13 -
Trump has not responded to invitation to survey L.A. wildfire damage, Gov. Newsom says
During an exclusive interview with NBC News Correspondent Jacob Soboroff, California Gov. Gavin Newsom (D) says he wants President-elect Donald Trump to "take a look for himself" at the damage ...NBC News - Jan. 12 -
L.A. Wildfires May Be the Costliest in U.S. History, Estimates Say
An estimate puts wildfire losses so far between $135 billion and $150 billion.Inc. - Jan. 11 -
L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.
Allstate, Chubb and Travelers are likely to be the publicly traded insurance carriers most affected, as they are the most exposed to the California homeowners’ market.MarketWatch - Jan. 10 -
L.A. wildfires have caused more than $135 billion in economic losses — and counting
Fires across Southern California are already one of the most damaging in the states history.MarketWatch - Jan. 10
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