California’s Boom Collapses with Fires Adding $1.1B Toll

Natural disasters and homeowners insurance

The wildfires, power outages and extreme weather that have ravaged California are setting the stage for a deepening economic crisis for an engine of U.S. growth. Blazes that scorched 4.1 million acres, more than the past three years combined, have cost a record $1.1 billion to battle. S&P Global Ratings is warning that a new… Continue reading California’s Boom Collapses with Fires Adding $1.1B Toll