A wild week on Wall Street included a selloff of insurance stocks as wildfires raged in California, tough talk from President-elect Trump and companies rapidly ditching DEI policies.
As climate change warms the planet, wildfires have become so unpredictable and extreme that new words were invented: firenado, gigafire, fire siege — even fire pandemic. California has 78 more annual ...
The wildfires in the Los Angeles area will test California's efforts to stabilize the state's insurance marketplace after many insurers stopped issuing residential policies due to the high fire risk.