In This Article:
Insurance and utility stocks, like Edison International (EIX), Pacific Gas and Electric Company (PCG), Allstate (ALL), Progressive (PGR), and Travelers (TRV), are under pressure amid the ongoing wildfires in Los Angeles, California. The blazes have been projected to cause up to $150 billion of damages, and at least 180,000 have been evacuated so far.
Market Domination Co-Hosts Julie Hyman and Josh Lipton outline what investors need to know.
Follow along Yahoo Finance's coverage of the southern California fires, looking into what this could mean for the broader insurance industry as people seek to submit claims for damages:
California fires spark insurance crisis, projected losses of $150B
Insurance stocks tumble as LA blazes 'among the most costly wildfires' in California history
California homeowners insurance market tested as fires rage
The risk landscape for insurance in 2025: AXIS CEO talks coverage
Key insurance advice amid Southern California wildfires
Related Videos
To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
This post was written by Naomi Buchanan.