Allstate Stock, Other Insurers Fall as LA Fires Rage On. They Are Set to Lose This Much.
Shares in Mercury, a publicly-owned insurer highly exposed to California, crashed ahead of Friday's opening bell.
These Stocks Are Moving the Most Today: Allstate, Travelers, Nvidia, AMD, Delta, Walgreens, Constellation Energy, and More
Allstate, Travelers, and Chubb likely will be the publicly traded insurers most exposed to losses from the L.A. fires, ...
Los Angeles fires expose inflated US home prices
Uncontained Los Angeles wildfires point to housing-market problems nationwide. Devastation around the second-biggest U.S.
How the devastating Los Angeles fires could deepen California’s home insurance crisis
The massive fires that have destroyed much of Pacific Palisades and demolished thousands of homes and structures in Los ...
California’s insurance is in crisis. The solution will cost homeowners a ton
Lynne Levin-Guzman stood in the front yard of her 90-year old parents’ home in Los Angeles County, California, trying to ...
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LA wildfire damage tops $50 billion
( NewsNation) — Early estimates have the wildfires that have swept the Los Angeles area costing well more than $50 billion, ...
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US property and casualty insurers slide as Los Angeles wildfire losses mount
Sector bellwether Travelers fell 4% before the bell. Mercury General slumped 32%, while Allstate, Chubb and AIG dropped ...
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L.A. Is Burning. Will Insurance Companies Take Advantage?
Popular narrative suggests insurance companies have to raise rates due to fire risk. In reality, the companies are doing ...
Warren Buffett's Berkshire Hathaway To Have Minimal Impact From LA Wildfires, But Insurers Like Mercury General, Chubb Face Higher Risk
Berkshire Hathaway is not a major player in the California homeowners insurance market, hence the impact of the wildfires is ...
AllState and Other Insurance Stocks Fall on Fears of Losses From L.A. Fires
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 ...
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LA wildfires could cost $20B, doubling estimates
Insurers face up to $20 billion in losses from Los Angeles wildfires, doubling initial estimates. JPMorgan analysts revised ...
Los Angeles Wildfires Loss Estimate Now Up to $150B as Death Toll Rises
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.