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The Costliest Blaze: Inside the Billion-Dollar Fallout of the Los Angeles Wildfires
Manage episode 460903747 series 3264489
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We uncover the staggering financial toll of the devastating Los Angeles wildfires—an inferno that’s not only claiming lives but is also set to become the most expensive fire in U.S. history. With insured losses projected to soar beyond $20 billion, we explore how property and casualty insurers are bracing for unprecedented impacts. From the high-value estates of Pacific Palisades to California’s FAIR Plan as the last resort for many, we break down what this disaster means for homeowners, businesses, and the insurance industry.
Plus, what does this mean for the future of insuring at-risk properties? Tune in as we dissect the numbers, the companies most exposed, and the ripple effects across one of the nation’s largest markets.
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