These Stocks Are Moving the Most Today: Allstate, Travelers, Nvidia, AMD, Delta, IonQ, Edison International, and More
Nvidia was down 2.9% following a Bloomberg report that said the Biden administration plans to impose a final round of chip ...
Allstate Stock, Other Insurers Fall as L.A. Fires Rage On. They Are Set to Lose This Much.
Shares in Mercury, a publicly-owned insurer highly exposed to California, crashed ahead of Friday's opening bell.
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LA wildfires could cost $20B, doubling estimates
Insurers face up to $20 billion in losses from Los Angeles wildfires, doubling initial estimates. JPMorgan analysts revised ...
BTS’ J-Hope Is Going On His First-Ever Solo Tour In 2025 And It Includes Major US Shows
The shows are primarily in Asia (including a tour-opening, three-night stint at Seoul’s KSPO Dome), but there is a run of North American tour dates in March and April, with two-show stops in Brooklyn, ...
AllState and Other Insurance Stocks Fall on Fears of Losses From L.A. Fires
Shares of leading U.S. home and auto insurers fell on concerns the Los Angeles infernos, likely to be the costliest wildfire in U.S. history, will hit earnings. Preliminary ...
What the Los Angeles fires might mean for the Bay Area home insurance market
The devastating wildfires burning through Los Angeles County this week are stoking concerns that California’s already ...
North American Morning Briefing: Investors On Edge Ahead of Payrolls Report
Allstate, Travelers, and Chubb will likely be the publicly-traded insurers most exposed to losses from the L.A. fires, according to J.P. Morgan. Allstate was down 5.1%, Travelers fell 4%, and Chubb ...
Los Angeles Wildfires Loss Estimate Now Up to $150B as Death Toll Rises
The total damage and economic loss attributed to the Los Angeles-area wildfires is estimated at between $135 billion and $150 billion, according to updated AccuWeather figures.
L.A. Is Burning. Will Insurance Companies Take Advantage?
Popular narrative suggests insurance companies have to raise rates due to fire risk. In reality, the companies are doing ...
New USAA CEO weighs-in on California wildfire insurance challenges
The new CEO for USAA joined CNBC to discuss the challenges that insurance providers in California ravaged by historic ...
Stocks to Watch Friday: AMD, Allstate, Travelers, Nvidia
Progressive (PGR) and Travelers (TRV): The Los Angeles wildfires c ...
L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.
The fires, which are still not under control and have killed at least five people, are likely to cost more than $50 billion in overall losses, the analysts said. Late Thursday, Accuweather pinned the ...