As of 11:30 a.m. EST on Dec. 7, more than 100 structures have been destroyed by the still active Thomas, Skirball, Creek, and Rye Fires, which have burned 116,080 acres in total.
The deadliest mass shooting in modern U.S. history is adding to soaring costs for insurance companies, which are already taking a beating this year from an onslaught of hurricanes, earthquakes and wildfires.
Even with one of the costliest hurricane seasons on record, large insurers in the U.S. tended to post third-quarter results that topped Wall Streets estimates. The exception is American International Group Inc.