California Wildfires Threaten Insurers Already Teetering From Climate Shocks
Source: @BreaknNews
It’s too soon to know the financial cost of the wildfires burning around Los Angeles. But the toll on California’s troubled insurance market could be enormous.The fires struck just as California officials have been working to stop insurance companies from fleeing their state. That exodus, driven by rising losses from wildfires that have grown larger and more frequent, could accelerate because of this week’s…
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