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Hey, listeners, it's Friday, February 7th.
I'm Chip Cutter for the Wall Street Journal, and this is what's NEWS in Earnings,
our look at the broad themes that stood out in the latest earnings season.
Today we're focusing on insurers, a group of companies that has been in the headlines a lot recently,
especially since the catastrophic fires
in California that are likely to cost the insurance industry billions of dollars.
Big home and auto insurers have now reported their earnings,
giving us a sense for how companies are handling the costly California crisis and more.
Telus Demos, co host of the Wall Street Journal's Take on the Week podcast,
has been analyzing the results of the big insurers and joins us now.
Hey, Telus.
Hi.
How are you doing?
Well, thanks for being here.
So among the home and auto insurers, how did the companies perform?
Which companies are faring the best?