Shaina Mishkin
@shaina-mishkin.bsky.social
journalist covering housing + real estate at Barron’s. contact: shaina.mishkin@dowjones.com
Reposted by Shaina Mishkin
The financial toll of the wildfires that swept through Southern California is unprecedented in modern history.
Yet the data indicates that the insurance industry may have seen the tragedy coming—and pulled out right before the fires struck.
Yet the data indicates that the insurance industry may have seen the tragedy coming—and pulled out right before the fires struck.
The LA Fires Burned Thousands of Homes. Insurers Saw the Risks Coming.
What makes the Los Angeles wildfires devastating is their path through the Palisades, where home values hover around $3.4 million, and aging structures were tightly packed in a recognized high-risk fi...
www.barrons.com
January 31, 2025 at 3:26 PM
The financial toll of the wildfires that swept through Southern California is unprecedented in modern history.
Yet the data indicates that the insurance industry may have seen the tragedy coming—and pulled out right before the fires struck.
Yet the data indicates that the insurance industry may have seen the tragedy coming—and pulled out right before the fires struck.