Insurers brace for up to $10bn losses from California wildfires

Open Editor’s Digest for free Rula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter. Insurers are bracing for losses of up to $10 billion from Los Angeles wildfires after the blazes swept through some of California’s most exclusive neighborhoods, according to preliminary estimates from analysts. Credit rating agency Moody’s…

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