California wildfires will be a $20 billion plus loss for insurers: Wells Fargo's Elyse Greenspan
CNBC's Contessa Brewer and Elyse Greenspan, Wells Fargo, joins 'Power Lunch' to discuss insurer's liability around the wildfires in California, the overall insurance landscape, and much more.
US insurers slump as Los Angeles wildfire loss estimates escalate
Severe and frequent natural disasters have hastened the insurance industry's retreat from high-risk areas, particularly Florida and California.
LA Wildfire Insured Losses Total Billions of Dollars, Ratings Agencies Say
The most destructive wildfires ever for Los Angeles may cause billions of dollars in insured losses, ratings agencies said on Thursday, though many homes are likely uninsured. The wildfires burning in the Pacific Palisades,
California Residents Share Stories of Loss to Wildfires: 'Burned to the Ground'
My family, we hosted Christmas Eve and Christmas Day here and everybody was here, my little house that I loved." The wildfires raging across Los Angeles County have claimed at least 10 lives and forced tens of thousands to evacuate.
Los Angeles wildfire costs double to $20 billion overnight for insurers
The potential cost for insurers of the devastation caus Los Angeles wildfires is now expected to surpass $20 billion, according to analysts at JPMorgan Chase & Co., doubling their estimate from just a day before.
California wildfires could cost insurers $20B, highest in state’s history
An analysis by J.P. Morgan estimates that the insured losses from the Southern California wildfires could exceed $20 billion and push overall economic losses to $50 billion.
Wells Fargo hires former Chase exec as it chases credit card growth
Wells Fargo has shifted its focus from home mortgages to credit cards, which are increasingly popular for payments as well as ...
Financial Stocks Wells Fargo, Jefferies, and Blackstone Are Falling After a Hot Jobs Report
A hotter-than-expected December jobs report sent the Dow Jones Industrial Average tumbling by more than 600 points (1.5%) on ...
Wells Fargo CDs: Pros, Cons, and Current Rates
Discover how Wells Fargo CD rates can impact your savings strategy. Wells Fargo has special CDs and standard CDs with both ...
Wells Fargo: More Good Earnings To Come
Wells Fargo's strong fundamentals provide resilience against volatility. Find out why WFC stock remains fairly valued with ...
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The Wells Fargo & Co Enigma: What’s Causing the Wild Swings in WFC Stock?
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.15% of ...
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Wells Fargo marks newest LI branch opening with $50K grant
To celebrate the grand opening, Wells Fargo will award a $50,000 grant to the United Way of Long Island in support of their ...
Police: Man robs Wells Fargo bank in Butte then waits around to be arrested
A 45-year-old man is expected to be charged in connection with robbing a Wells Fargo bank in Butte on Tuesday.
Wells Fargo Championship director shifts focus to next-gen sports executives
At the Wells Fargo Championship, Sobba was part of a tournament management team from Florida-based Pro Links Sports, the ...
Here's Why Wells Fargo Stock Climbed on Monday
The stock market was having a generally strong day to start the week, with the S&P 500 up by about 0.6% as of 2:45 p.m. EST.
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Butte Wells Fargo robbery suspect makes initial court appearance
A Butte man made his initial court appearance after allegedly attempting to rob the local Wells Fargo branch before ...
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Wyndham stock gains on Wells Fargo upgrade
Investing.com -- Shares of Wyndham climbed 2.5% after Wells Fargo (NYSE: WFC) Securities upgraded the hotel operator to ...