Farmers’ loss estimate does not include FAIR plan losses. (Credit: Diego M. Radzinschi/ALM)
Farmers expects losses of about $600 million from the LA wildfires, the company announced last week.
“With deep roots in Southern California, the Farmers Exchanges remain dedicated to supporting the recovery process for all their customers, employees and communities impacted by the devastating fires,” the company said in a statement. “The Exchanges also want to reaffirm their previously announced commitment to expand coverage options in California.”
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