Will L.A. wildfires worsen the property insurance market? | Morning in America
January 10, 2025
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3:30Now PlayingWill L.A. wildfires worsen the property insurance market? | Morning in America
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as posted by the channelAnalysts predict the LA wildfires will cost at least $20 billion. Dr. David Marlett, managing director of the Brantley Risk and Insurance Center at Appalachian State University, believes this could lead more insurers to scale back and will likely drive them to raise rates, reduce coverage, and consider their overall risk exposure.
#LAwildfires #California #insurance
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