Any word on how many claims have hit their $90+M homeowner book?
As an indirect answer, I had our investment advisers check with MCY IR on their CA exposure,. and apparently they have about 2% of the CA home insurance market, broadly spread around the state. So if the fires represent a $1 billion hit for insurers, this would mean an after tax cost to MCY of about $0.25. Not great, but not terrible...Of course, if any one has more specific data about MCY's SoCal expsoure, it would be most welcome!