Insurtech MGA Kettle estimates LA wildfires industry loss in $11bn to $17.5bn range

By Isha Marathe, James Thaler

Published: Thu 9 Jan 2025

Wildfire-focused insurtech MGA Kettle has more than doubled its insured loss estimate for the ongoing Los Angeles wildfires – raising its projection to a range between $11bn and $17.5bn Thursday afternoon, up from $5bn estimated on Wednesday, The Insurer can reveal.