U.S. Insurers AIG, TRV, ALL and CB Project Billions of Losses from California Wildfires
The combined losses for major U.S. insurers AIG (AIG), Travelers (TRV), Chubb (CB) and Allstate (ALL) from the catastrophic ...
California's $1 Billion LA Wildfire Bill Highlights Insurers' Struggle, Analysts Say
"Tales of California residents finding it ever more expensive to get insurance are legion, assuming they can get it at all," ...
Evacuations issued in Southern California as heavy rain brings threat of debris flows in areas scarred by wildfires
The strongest storm to impact parts of California in over a year has arrived and was drenching more than 600 miles of the ...
Insurer Mercury Says It Will Survive and Prosper Despite California’s Wildfires
The stock had slumped 25% after the fires to around $50 as investors made the small-cap company into a focused bet on ...
Allstate says California wildfires to bring company $1.1 billion in losses
Allstate said the wildfires blazed through Southern California last month will bring the insurance company a sizable loss – ...
Travelers Sees $1.7 Billion Pretax Catastrophe Losses From California Wildfires
Travelers said it expects pretax catastrophe losses of $1.7 billion from the devastating wildfires that struck southern ...
Fox Business6d
Allstate says California wildfires to bring company $1.1 billion in losses
Allstate said the wildfires that blazed through Southern California last month will bring the insurance company a sizable loss. CEO Tom Wilson said in a statement Wednesday that the wildfire ...
Travelers Expects $1.7 Billion In Catastrophe Losses From California Wildfires
The Travelers Companies, Inc. (NYSE: TRV) announced Tuesday that it expects $1.7 billion in pretax catastrophe losses from the California wildfires that swept through the state in January. After taxes ...
California's last-resort home insurer is getting a $1 billion bailout. Homeowners could be on the hook for some of the bill.
The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...
Futurism on MSN1d
Allstate Is Demanding That We Delete These Quotes by Its Exec About Using How It's Using AI to Write Insurance Emails
There's a good chance the email you just received from your insurance company was drafted by an AI — and the optics of such ...
Digital Insurance4d
Wildfires, cybersecurity: What insurers need to know in 2025
The main wildfires in California have subsided, but calculating the damages — both financial and emotional — is a challenge ...