Verisk, Los Angeles and Palisades fire

Verisk sees insured property loss of $28 bln to $35 bln from Eaton and Palisades fires
Global analytics firm Verisk expects insured property losses from the Palisades and Eaton fires in the range of $28 billion to $35 billion, one of the highest loss estimates from the industry.
Verisk estimates insured property losses of up to $35 billion from SoCal fires
According to Verisk, insured losses from the Palisades fire are expected to fall between $20 billion and $25 billion, while the Eaton fire is projected to result in $8 billion to $10 billion in insured losses. The majority of these losses involve residential properties.
LA wildfires: Verisk estimates insured losses at between $28bn and $35bn
Verisk's Extreme Event Solutions division estimates that the insured industry losses to property from both the Palisades and Eaton fires in Los Angeles,
Verisk Estimates Industry Insured Losses for the Palisades and Eaton Fires Will Fall Between USD 28 Billion and USD 35 Billion
Of this total, Verisk estimates insured losses from the Palisades fire will range between USD 20 billion and USD 25 billion, and losses from the Eaton fire will range between USD 8 billion and USD 10 billion. Most of the losses are to residential risks.
Verisk pegs Palisades and Eaton fire insured loss at $28bn-$35bn
The insured losses from the Palisades and Eaton fires in Los Angeles will amount to $28bn-$35bn, according to Verisk. The estimate includes losses to the California Fair Plan, and takes account of likely demand surge impacts.
Verisk puts LA wildfire insurance industry loss at between $28bn and $35bn
Verisk's Extreme Event Solutions division has estimated that insured losses to property from both the Palisades and Eaton Fires in Los Angeles,
Verisk estimates $28-$35 billion insured property losses from LA fires
Global data analytics firm Verisk (Nasdaq: NASDAQ:VRSK) has projected insured property losses from the Palisades and Eaton (NYSE:ETN) fires to be between $28 billion and $35 billion, marking one of the highest loss estimates from the industry.
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