DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!California's Wildfire Claim Crackdown: Hedge Funds Face New Limits
California's Wildfire Claim Crackdown: Hedge Funds Face New Limits

California's Wildfire Claim Crackdown: Hedge Funds Face New Limits

Update: 2025-10-05
Share

Description

California just slammed the brakes on Wall Street's wildfire profits! Discover how the state's new law is blocking hedge funds from cashing in on insurance claims, potentially safeguarding billions for victims and wildfire prevention. Is this a win for disaster relief or a blow to insurance companies? Find out how this game-changing decision could reshape California's fight against increasingly devastating wildfires.

Hosted on Acast. See acast.com/privacy for more information.

Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

California's Wildfire Claim Crackdown: Hedge Funds Face New Limits

California's Wildfire Claim Crackdown: Hedge Funds Face New Limits