Insurance: Update on the California Wildfires

A firefighter tries to control a blaze burning down a house in Camarillo, California. (CREDIT: AFP: Etienne Laurent)

Here’s the latest The cost of wildfires ravaging swaths of Los Angeles keeps rising, with new estimates of the total losses for the insurance industry now seen as high as $40 billion. The fresh figure Jan. 14 from Keefe Bruyette & Woods analysts is double their rough initial estimate from just a day earlier. In […]