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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Los Angeles wildfires could incur US$20bn in losses, becoming costliest in US history
The wildfires devastating the Los Angeles area could become the costliest in US history, according to CNBC. Estimates from ...