The Palisades fire is the worst in Los Angeles city history. Some utility and insurance stocks are starting to react.
U.S. property and casualty insurance stocks fell in premarket trading on Friday after wildfires menacing Los Angeles killed ...
California is the US state most affected by wildfires as of 2023, according to the National Interagency Coordination Center.
LA fires threaten to hike insurance premiums, challenging California's new market rules as homeowners brace for rising costs and growing wildfire risks.