Moody’s Says Losses from California Wildfires Will Impact P/C Insurer And Reinsurer 4Q Earnings

Moody’s has released estimates showing property/casualty insurers and reinsurers total insured losses at $10 billion $15 billion from the California wildfires, which destroyed more than 20,000 residential and commercial structures, and damaged nearly 1,000 structures. Moody’s says it expects insured …

from News – Insurance Journal