Cali wildfire reinsurance rates could rise as much as 70%: S&P
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Cali wildfire reinsurance rates could rise as much as 70%: S&P

Firefighter Holding Hose Pointing Water Stream onto Fire

California wildfire reinsurance rates could increase by 30-70 percent in 2020 renewals as the market continues to reel from 2017 and 2018 fires, according to Standard & Poor’s (S&P).

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