Insurance stocks are set to collapse. LA wildfires have officially spread over 40,000 acres with insurance losses crossing $20 billion.Since the market closed on Friday, estimated damages have TRIPLED to $150 billion. Could this cause an economic ripple effect?
Insurance stocks are set to collapse.
LA wildfires have officially spread over 40,000 acres with insurance losses crossing $20 billion.
Since the market closed on Friday, estimated damages have TRIPLED to $150 billion.
Could this cause an economic ripple effect?