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California’s wildfires may also be catastrophic for its insurance market

todayJanuary 13, 2025 450 73 5

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Kwynn Perry, her son Ellison and husband Brian, at their former home in Altadena near Pasadena, Calif.

California’s insurance industry was already in crisis. Now the wildfires in the Los Angeles region may upend efforts to stabilize the market.

(Image credit: Greg Allen)

Written by: Prometheus

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