Our Thoughts on CA Wildfires (Jan. ’25)

In an Assured Comment we offered our thoughts (starting, always, with the safety of those in harm’s way) on the ramifications for insurers from the Los Angeles area fires. It might surprise some to learn that California’s property markets – personal and commercial – have been more profitable than the national average since the mid 1990s. That’s on a direct basis so includes the full impact of the recent wildfires. There’s more in our Assured Comment. Read it as part of a trial to our work.