Benny Marty/shutterstock.com_1815787943
21 January 2025Reinsurance

Mercury yet to decide if LA wildfires are single event as claims jump

California-based insurer Mercury General Corporation is debating whether to classify the Palisades and Eaton fires in Los Angeles as separate events for reinsurance purposes. 

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Reinsurance
19 December 2025   Second cat bond is largest to date for US P&C carrier.
Reinsurance
19 December 2025   Latest bill calling for federal reinsurance more likely to find favour.
Reinsurance
19 December 2025   Warrants could lift Scor’s share capital, with dilution capped at 10%.