The largest health insurance company in the U.S., UnitedHealth Group, reported 2023 revenues of $371.6 billion. That makes it the fourth-largest company in the U.S. by revenue behind only Walmart, Amazon, and Apple. The U.S. has the lowest life expectancy among similar countries, yet the highest healthcare costs at over $12,500 per capita annually.

In the wake of the Los Angeles-area wildfires, some U.S. residents seek safety from climate-related calamities.

Iowa’s insurance commissioner said the costs from the wildfires could be felt across the country including here in Iowa. Iowans might feel the impact because insurance companies buy what’s called reinsurance.