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Moody’s Expects LA Wildfires to Increase Property Insurance Costs Across State
Jan 23 2025 // Moody’s Ratings said in a report on Thursday that it expects the Los Angeles wildfires to increase property insurance costs across California.According to Moody’s, the state’s already noticeable insurance...
Moody’s RMS Adds to LA Fires Insured Loss Estimates With Range of $20B-$30B
Jan 20 2025 // Moody’s RMS Event Response said insured losses for the January 2025 Los Angeles fires will likely fall in the $20 billion to $30 billion range.The Jan. 17 estimate from Moody’s RMS came a day after CoreLogic...
Moody’s Says LA Fire May Pose Risk to Southern California Edison
Jan 16 2025 // The Eaton Fire in central Los Angeles County poses a potential credit risk to power provider Southern California Edison, which operates electrical lines in the area where the destructive blaze first started, Moody’s...
Moody’s to Acquire Geospatial AI Firm CAPE Analytics
Jan 13 2025 // Moody’s Corp. has agreed to acquire CAPE Analytics, which provides geospatial AI intelligence for residential and commercial properties.Moody’s said the deal will create a property database capable of...
Moody’s Global P/C Outlook Now Stable Despite Past-Peak Commercial Pricing
Jan 7 2025 // Moody’s Ratings changed the sector outlook for the global property/casualty insurance industry to stable from negative last month, pointing to personal lines price hikes in the U.S. and UK as a reason for the...
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