Bonus Episode for Feb. 7. California’s wildfires caused an estimated $30 billion or more in losses to insurers. The state’s insurance landscape is in a state of chaos , but the broader industry is faring better. Telis Demos, co-host of WSJ’s Take On the Week and a writer for Heard on the Street, breaks down what’s happening across the industry and explains why the impact of the catastrophe on insurance companies such as Allstate, Travelers and Chubb could depend on reinsurers like the Everest Group.
Chip Cutter hosts this special bonus episode of What's News in Earnings, where we dig into companies’ earnings reports and analyst calls to find out what’s going on under the hood of the American economy.
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