Insurance industry of course

California Wildfires: Which Companies Would Be Affected The Most?

Thousands of people have been displaced since wildfires sparked in Southern California. From an investment perspective, which companies will be most affected? Undoubtedly, it's the smaller insurance companies with significant operations in California. The massive claims are unaffordable for them, and these smaller companies could go bankrupt and be acquired by larger ones. Additionally, the California wildfires could potentially drive up property prices in the U.S.

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jislandfund
01-18
jislandfund
they would surely be aware of the risks no?

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