Moody’s RMS pegs LA wildfires insured loss estimate at $20bn-$30bn
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Moody’s RMS pegs LA wildfires insured loss estimate at $20bn-$30bn

There are many unknown factors including insurance gaps, high-value property and damage to critical infrastructure.

By Danielle Ling
January 17, 2025
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Downtown LA wildfire smoke california.jpg

Moody’s RMS has estimated that insured losses for the January 2025 Los Angeles wildifre events will likely range between $20bn and $30bn.

The

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NewsCaliforniaCatastrophe lossesLines of businessPersonal linesCommercial lines
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