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.
LA Times on MSN18h
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 more than 2,000 homes in Los Angeles County ...
News Nation on MSN18h
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, ...
Insurance stocks sell off sharply as potential losses tied to LA wildfires increase
AllState, Chubb and Travelers are the most exposed carriers to insured losses in the wildfires, according to JPMorgan.
The New Republic on MSN4h
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 ...
BTS’ J-Hope Announces First Solo Tour ‘Hope On The Stage’: Details
BTS member J-Hope reveals his first-ever solo tour, hitting venues in 2025 in North America and Asia for Hope on the Stage ...
insurancebusinessmag2h
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 ...
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 ...
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.
How will the California wildfires shape the home insurance industry?
In recent years, insurers like Allstate, American National, The Hartford and State Farm have stopped renewing policies or issuing new policies for California homeowners.