Mercury reveals $1.24bn second event cover as LA claims mount
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Mercury reveals $1.24bn second event cover as LA claims mount

The carrier can claim separately for the Palisades and Eaton fires if necessary.

By Rachel Dalton
January 20, 2025
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Lake Christine Fire in burning over 5000 acres in Colorado

Californian insurer Mercury General has the option to combine the Palisades and Eaton fires in Los Angeles (LA) but may opt to make two separate reinsurance claims for each incident.

The

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Topics

NewsCatastrophe lossesProperty treatyCaliforniaReinsurers
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