Wildfires and Thunderstorms Are Throwing Insurance Market Into Turbulence

  • 📰 WSJ
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Heard on the Street: Hawaii’s wildfires are a tragic illustration of a phenomenon roiling the insurance industry

Aug. 14, 2023 5:30 am ETMuch of Lahaina, the historic former capital of the Hawaiian Kingdom, was destroyed as wildfires tore through this week. WSJ reporter Alicia A. Caldwell traveled to the town amid rescue operations. Photo: Justin Sullivan/Getty Images

are a tragic illustration of a phenomenon roiling the insurance industry: increasing losses from what were historically considered “secondary” catastrophes.Continue reading your article with

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines