Insurers Warn California: Don’t Put Utility Wildfire Risk on Our Balance Sheets
California’s biggest insurers are warning lawmakers that limiting wildfire subrogation could push utility-caused losses onto insurers and their customers.
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Florida’s Push to Privatize Hurricane Risk Is Fueling the Global Cat-Bond Boom
Private insurers absorbing Citizens policies have grown from a marginal presence to a persistent source of catastrophe-bond demand.
