Estimates

LA wildfires: KCC estimates industry insured losses will be close to $28bn – Go Health Pro

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LA wildfires: KCC estimates industry insured losses will be close to bn – Go Health Pro

Catastrophe risk modelling specialist Karen Clark & Company (KCC) estimates that the insured loss (from privately insured and FAIR plan policies) to residential, commercial, and industrial properties, and autos from both the Palisades and Eaton wildfires in Los Angeles will sit close to $28 billion.KCC becomes the latest risk modeller to release an initial estimate … Read more

Moody’s RMS Adds to LA Fires Insured Loss Estimates With Range of $20B-$30B – Go Health Pro

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Moody’s RMS Adds to LA Fires Insured Loss Estimates With Range of B-B – Go Health Pro

Moody’s RMS Event Response said insured losses for the January 2025 Los Angeles fires will likely fall in the $20 billion to $30 billion range. The Jan. 17 estimate from Moody’s RMS came a day after CoreLogic put out a statement indicating a $35 to $45 billion range of insured losses for two major fires … Read more

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