Utilities sector most at risk from California wildfires: Fitch

29-11-2018

Utilities sector most at risk from California wildfires: Fitch

Source: Pixabay

Downside credit risks from the California wildfires are currently most pronounced for investor-owned utilities (IOU), which could face large liabilities if IOU equipment is found to have ignited the fires, according to Fitch Ratings.


California wildfires, Utilities, Fitch Ratings, Insurance, Reinsurance, Gas, Electricity, Financial exposure, North America

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