A wild week on Wall Street included a selloff of insurance stocks as wildfires raged in California, tough talk from President-elect Trump and companies rapidly ditching DEI policies.

The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize the state’s insurance marketplace after many insurers stopped issuing reside

The wind-driven wildfires burning out of control in the Los Angeles area couldn't have emerged at a more perilous moment for California's homeowners, as officials try to rehab what they concede is a deepening "insurance crisis.