A.M. Best: Insurers Have Limited Exposure to PG&E Volatility from California Wildfires

Roughly one-in-10 insurers have exposures to PG&E bonds, which could potentially used to payout on losses from the California wildfires, according to a daily briefing from A.M. Best. It was recently determined that a second power line of PG&E Corp. …

from News – Insurance Journal https://ift.tt/2Fy7fNA