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Commissioner Lara said 31,000 claims have been filed for disaster-related needs.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The carrier has around $2.5bn-$4bn of reinsurance cover specifically for California risk.
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James Keating received 20 months in prison and three years of supervised release.
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The NFIP and NOAA were both targets in the Project 2025 crosshairs.
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Claims related to California wildfires are "fairly insubstantial" to date, executives said.
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Guy Carp CEO Dean Klisura said LA wildfires could slow rate reductions at 1 April.
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The executive will link up again with former colleague Lucy Clarke in Q2.
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John Csik is retiring as president after nearly 40 years with the company.
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Organic growth in broking segment Marsh accelerated during the reporting period.
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Andy Houston will be based in London, reporting to Mark Roberts, division president UKISA.
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The Floridian also expects to report its “best earnings quarter” for Q4 2024.