Home Insurance Stocks Face Big Losses From California Fires. But Investors’ Fears Could Be Overblown.
Introduction California has long been a hotspot for wildfires, causing substantial damage to homes, businesses, and infrastructure. These recurring natural disasters have raised concerns for insurance companies, investors, and homeowners alike. With insurers experiencing significant claims from wildfire-related damages, home insurance stocks have taken a hit in the market. However, while fears of financial turmoil … Read more