Insurance stocks sell off sharply as potential losses tied to LA wildfires increase - CNBC

AllState, Chubb and Travelers are the most exposed carriers to insured losses in the wildfires, according to JPMorgan.

By: CNBC

Jan 11 2025
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Insurers exposed to the California homeowners' market sold off sharply Friday as the devastation caused by the Los Angeles wildfires spread. Shares of Allstate and Chubb both declined 4% in morning … [+1733 chars]

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