Smoke damage could double ultimate losses for LA wildfires: Wows CEO
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Smoke damage could double ultimate losses for LA wildfires: Wows CEO

The MGA recently secured capacity to write HNW homes in California.

By Kyoung-son Song
March 13, 2025
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wildfire smoke california.png

Current industry loss estimates ranging between $40bn-$50bn for the Los Angeles wildfires are “light” and underestimate the impact of smoke damage, according to Wows Insurance Services CEO Robert Feldman.

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Topics

Interviews California MGAs/MGUs Homeowners' insurance Catastrophe losses High net worth
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