California Wildfires ImpactInsurers
This is a California news story, published by CNBC, that relates primarily to AllState news.
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devastating wildfiresCNBC
•Insurance stocks sell off sharply as potential losses tied to LA wildfires increase
75% Informative
AllState , Chubb and Travelers are the most exposed carriers to insured losses in the wildfires, according to JPMorgan .
Chubb could have a particularly high exposure due to its high-net-worth focus in the region.
The destructive fires this week could become the most costly in California history.
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