The Alltate said this week that he expected to lose $ 1.1 billion due to the fires of the angels of Los Angeles, making it a second largest insurance to announce the financial impact of one expensive Blaze.
Northbrook, the sick. Despite the size of the hit, the Course of the Course of Court increased 30% to $ 1.9 billion.
Alltate said a small impact on its financial performance is shown “its complete revival system” and its decision from 2007 to reduce its market share. The Allstate had a 5.8% of the Responsible Assignment of State Households by 2023, it made them a largest thumb. Insurer gets a recycling of the most common internets to reduce their payment during wildlife solutions and other disasters.
The company also received permission last year to increase 34% of the first measure in November.
Last week, another great insurance, Chubb Ltd.
American-Swirsernish insurance had a 2.27% of the home market in the California Home California in 2023, and placed it without the leading of the world’s leading country insurance. However, it focuses on the cost of expensive homes such as the Pacific Palives, suffering from a fire and a $ 3.5 million home.
The State General General, the most of California insurance, did not produce their own police officers on Monday for emergency rates to 22% monday, saying the company.
Insurance, State Farm Sponsor Mutual Mutual Mutual Automobile Cozebety Co BLOOMINGTON, OLD. It also expects you to pay “too much” to satisfy claims.
Insurance said there is an estimate of the average transaction required to rebuild the company currency so you will not need to “continue to press” its power to provide home insurance. Industrial agencies said they expected that Premium letter increased as a result of fires.
All were told, the risk factors estimate that they will call an insurance industry $ 20 billion to $ 20 billion to pay for property damage, temporary housing and other claims from the fire. That will enable the miners to become one of the worst natural disasters of the world but may be expensive as Hurricane Katrina.
Los Angeles-Areas Only the latest in the Mega series hit the empire from the last decade ago. In 2018, the campfire destroyed the city of Paradise in Nevada Healas, causing $ 12,5 billion to the loss of insurance, making the most expensive fire in the US history.
Fires have developed insurance in farmers to attract policy owners and stop writing to a good government program, last storage insurance that provides limited coverage. The program does not deprive its loss, which is expected to be important.
Amplote said last year that it will start writing new policies in the state if an approved standard show that Chalifornia Lara insurance was placed in the area.
Those changes, which allow insurance to charge California Policy providers to get the cost of renewal, now running.
Source link
