Allstate Stock, Other Insurers Fall as L.A. 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 MSN19h
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 ...
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 ...
Insurance stocks tumble as LA fires threaten record losses
Insurance stocks like Allstate, Progressive and Chubb fell on Thursday as analysts expect wildfires in LA to pose over a $20 billion hit to the industry.
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.
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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 ...
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 ...
Wildfires Put Spotlight on CA Water Policies, Inept Preparation
CARLSBAD, Calif. — While the world watches thousands of acres of some of Los Angeles County’s most beautiful landscapes ...
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 ...
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.