Moody’s Investors Service estimates that 2020 is already the third-highest year for California insured wildfire losses, after 2018 and 2017, with insured losses of nearly $5 billion. In a report, Moody’s said wildfires in California, Oregon, Washington and other western states damaged or destroyed about 9,657 homes and commercial structures and burned more than 5… Continue reading Western Wildfires Burn through P/C Insurers’ Funds, Moody’s Reports
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