4 ms·
Do you have a source for this? Is this not based on reinstatements? Which insurers could between them put out that kind of limit?
by etothepii 3y ago
Do you have a source for this? Is this not based on reinstatements? Which insurers could between them put out that kind of limit?
- occamrazor 3y agoI didn’t remember correctly. PG&E had just above a billion tower. 21bn is the total capacity of the new California Wildfire Fund, that provides liability insurance to the California utilities. https://www.guycarp.com/insights/2020/05/california-wildfire-fund-and-flood-re-in-the-united-kingdom-protecting-our-planet-and-the-public-purse.html https://www.guycarp.com/insights/2020/05/california-wildfire...