P&C insurer stocks slide on wildfire exposure, led by Mercury General (MCY:NYSE)

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A nighttime exposure photo of the Santa Clarita wildfire

FrozenShutter:

A group of property and casualty insurance stocks fell in premarket trading Friday as they prepared to see billions of dollars in claims from the Los Angeles wildfires, which have burned thousands of acres in one of the densest and densest areas of the United States.

 
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