Mercury says TBC whether LA wildfire losses one event or two under its reinsurance – Go Health Pro

Mercury says TBC whether LA wildfire losses one event or two under its reinsurance – Go Health Pro

Mercury General Corporation, one insurance company with meaningful exposure to claims from the Los Angeles, California wildfires, has said today that it has not yet determined whether it will consider the fires as two separate events under its reinsurance arrangements.Previously, Mercury had explained that it expected the California wildfires would result in losses for the … Read more

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