Lessons insurers must learn from LA wildfires
As celebrities condemn insurers after the most destructive wildfire event in Los Angeles County history, Emma Ann Hughes outlines what the industry must do to address the financial and reputational impact of the blaze.
The wildfires that ripped through Los Angeles this month are a major insured and economic loss, with ratings agency Moody’s latest estimate of the cost to the industry’s coffers ranging between $20bn
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