Moody’s Ratings California P&C, Commercial Property Insurers Amid Forest Disaster (MCY:NYSE)


Strong winds are fueling several fires in the Los Angeles area

News by Apu Gomes/Getty Images

Wildfires in the Los Angeles area, which are burning through some of the most expensive real estate in the country, have already claimed at least 16 lives. That number is likely to rise as investigators sift through the remains.

For property and casualty insurers, disaster is



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