Mercury General pegs CA Wildfire net cat loss at $155mn-$325mn
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Mercury General pegs CA Wildfire net cat loss at $155mn-$325mn

The LA-based firm estimated gross cat losses in the range of $1.6bn-$2bn.

By Kyoung-son Song
February 11, 2025
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California Wildfire Homeowners Catastrophe LA.jpg

Mercury General has estimated gross cat losses from the California wildfires to be in the range of $1.6bn-$2bn, the LA-based insurer reported in tandem with Q4 2024 earnings.

Net

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