California wildfires continue, insured losses estimated $1.5bn already
The ongoing spate of California wildfires continues to burn, with more properties destroyed in the last day and an estimate from Moody’s Investors Service suggesting insurance and perhaps reinsurance market losses are already at over $1.5 billion. Moody’s based its estimate on the fact more than 1,800 residential or commercial properties have been destroyed by … Continue reading California wildfires continue, insured losses estimated $1.5bn already
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