Juniper Re: LA Wildfires Have Potential to be $15bn-$20bn Insured Loss Event
Residential property losses projected at $9 billion as catastrophic wildfires continue to impact California.
The article discusses the potential $15bn-$20bn insured loss from the ongoing Los Angeles wildfires, with residential property losses estimated at $9bn. This estimate factors in contents and loss of use coverage. The final range includes commercial and auto claims, as stated by Juniper Re.
You can view the full article here.
