The losses from the wildfires in Los Angeles have expanded, leading to a significant sell-off of Insurance stocks.

The ongoing devastation of wildfires in Los Angeles has put tremendous financial pressure on the Insurance Industry, with several insurance companies experiencing significant stock price declines. As the losses from the fires continue to escalate, issues related to insurance payouts and liability allocation will become the focus of market attention.

FX168Jan 11 03:27

With 86% Institutional Ownership, Ambac Financial Group, Inc. (NYSE:AMBC) Is a Favorite Amongst the Big Guns

Yahoo FinanceDec 11, 2024 19:33

Ambac Financial Group (NYSE:AMBC) Adds US$75m to Market Cap in the Past 7 Days, Though Investors From Five Years Ago Are Still Down 37%

Simply Wall StNov 14, 2024 19:16

Ambac Financial Group Third Quarter 2024 Earnings: US$0.59 Loss per Share (Vs US$1.45 Profit in 3Q 2023)

Yahoo FinanceNov 14, 2024 18:44

Ambac Financial Group's Currency Quandary: Navigating GBP-USD Fluctuations

TipRanksNov 14, 2024 14:00

Ambac Financial Group Reports Q3 Loss, Plans Stock Buyback

TipRanksNov 14, 2024 11:59