US EditionInsurance and the LA fires: Is staggering cost threatening the industry?
- Louisiana Insurance Commissioner Tim Temple noted that insurance reform will not have immediate effects, as the state faces rising insurance rates and is working to attract new insurers.
- Insurance companies are struggling with billions in losses due to the LA wildfires, raising concerns about industry sustainability.
- California faces significant challenges with insurance coverage following the Los Angeles wildfires, which killed at least 28 people and caused insured losses estimated at $75 billion.
- Experts argue that community planning and collective insurance solutions are necessary to effectively respond to large-scale disasters like wildfires and address climate change.
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7 Articles
7 Articles
All
Left
2
Center
2
Right
2
Coverage Details
Total News Sources7
Leaning Left2Leaning Right2Center2Last UpdatedBias Distribution33% Left, 33% Center, 33% Right
Bias Distribution
- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
L 33%
C 33%
R 33%
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