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
13 May 2026   CEO backs strategy to ‘eradicate basis risk’ after ‘California issue in 2025’.
Reinsurance
13 May 2026   First-quarter GWP rose 4.9%, leaned into casualty after heavy wildfire losses.
Reinsurance
13 May 2026   Bermuda-based reinsurer oversees $170m through onchain capital platform.