![Daily digest II US 2024.png](https://assets.euromoneydigital.com/dims4/default/c83e62f/2147483647/strip/true/crop/1172x660+0+0/resize/840x473!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F0e%2F4c%2Fdd04d350454f855011883f67b747%2Fdaily-digest-ii-us-2024.png)
State Farm blows through CA reinsurance cover with ~$8bn LA wildfire loss
Reinsurers are expecting a total loss on State Farm’s reinsurance program as the nationwide carrier has racked up almost $8bn in Los Angeles wildfire losses, this publication can...