podcasts Ratings /ratings/en/research-insights/podcasts/2025-02-04-take-notes-ep-87 content esgSubNav
In This List

Take Notes - The Impact Of The LA Wildfires On California's Property Insurance, Housing Finance, And State Creditworthiness

COMMENTS

European CLO Margins: Shocks And Recoveries Are Guides To The Future

COMMENTS

U.S. BSL CLO Obligors: Corporate Rating Actions Tracker 2025 (As Of March 28)

COMMENTS

U.S. Auto Loan ABS Tracker: February 2025 Performance

COMMENTS

U.K. Post-2014 Buy-To-Let Monitor Q4 2024

Listen: Take Notes - The Impact Of The LA Wildfires On California's Property Insurance, Housing Finance, And State Creditworthiness

We discuss the cross-sector impact of the Los Angeles wildfires on California's property insurance, housing finance, and state creditworthiness. As the wildfires are expected to result in substantial losses for insurers, we discuss how carriers are expected to raise rates and/or reduce coverage options in California and other at-risk areas; and how the FAIR Plan, an insurer of last resort, could exacerbate that. We also detail how the fires could cause downward pressure on home prices in California’s housing market. Finally, we discuss how the rising insurance costs and mounting affordability challenges could weigh on the creditworthiness of the state of California over time

Related Article: