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Best’s News & Research Service subscription required - February 11, 2025 03:55 PM (EST)

Cincinnati Financial CEO: LA Fire Losses Could Reach $525 Million

Cincinnati Financial Corp. anticipates net, pretax catastrophe losses of $450 million to $525 million from January’s catastrophic wildfires in California, a state where 77% of its homeowners . . .

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California Casualty Insurance Commercial Lines Reinsurance Equities Fires Homeowners Insurance Investments Losses Reinsurers Earnings Excess And Surplus Lines Insurance Property And Casualty Insurers


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