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MarketWatch.com – Top Stories
- L.A. wildfires have caused more than $135 billion in economic losses — and counting January 10, 2025Fires across Southern California are already one of the most damaging in the states history.
- Los Angeles fires could push up rents across the city by 8% or more, expert warns January 10, 2025Rents in L.A. were going down, but the wildfires could reverse that trend.
- L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill. January 10, 2025Allstate, Chubb and Travelers are likely to be the publicly traded insurance carriers most affected, as they are the most exposed to the California homeowners’ market.