California wildfire losses may reach $19bn: CoreLogic
27-11-2018
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.
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California wildfires, Utilities, Fitch Ratings, Insurance, Reinsurance, Gas, Electricity, Financial exposure, North America
