News • 11 hours ago

The California fires could scorch the state's broken insurance market

www.motherjones.com

cross-posted to:
[email protected]

50

The California fires could scorch the state's broken insurance market

www.motherjones.com

News • 11 hours ago

cross-posted to:
[email protected]

"It's very likely that we will see losses that exceed the existing reserves."

Chat

BombOmOm
link
English
8•
edit-2
9 hours ago
They will have to charge more. Get ready for the 10+% rate increase next year if you live in CA.
- @SpaceNoodle
  link
  3•5 hours ago
  10% is low. Look for 50-100%, or worse.

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