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.
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