Verisk, Palisades
Verisk Sees Insured Property Loss of $28 Billion to $35 Billion From Eaton and Palisades Fires
(Reuters) - Global analytics firm Verisk expects insured property losses from the Palisades and Eaton fires in the range of $28 billion to $35 billion, one of the highest loss estimates from the industry.
Verisk Estimates Industry Insured Losses for the Palisades and Eaton Fires Will Fall Between USD 28 Billion and USD 35 Billion
Of this total, Verisk estimates insured losses from the Palisades fire will range between USD 20 billion and USD 25 billion, and losses from the Eaton fire will range between USD 8 billion and USD 10 billion.
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Palisades Fire initially started 10:30 a.m. Jan. 7 in Los Angeles County. It has burned 23,448 acres after being active for ...
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