By Chip Cutter
California's wildfires caused an estimated $30 billion or more in losses to insurers, and the state's insurance landscape is in a state of chaos. But now is actually a pretty good time to be in the industry.
Insurers are coming up with new strategies to confront risks-even if consumers won't like the outcome.
My co-host Telis Demos explains in our latest episode of The Wall Street Journal's Take on the Week.
Listen Here: What's News in Earnings: The Complicated State of Insurance
What's News in Earnings digs into insurance companies' earnings reports and analyst calls to find out what's happening across the industry, and the effect of the Los Angeles wildfires on insurers like Allstate.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
February 07, 2025 14:00 ET (19:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。