Allstate has transferred roughly $530mn of wildfire losses to its reinsurers, after reporting gross losses of above $1.2bn from the Camp and Woolsey blazes.
Allstate takes $670mn net hit from Camp and Woolsey fires

Allstate has transferred roughly $530mn of wildfire losses to its reinsurers, after reporting gross losses of above $1.2bn from the Camp and Woolsey blazes.