Two firms have released early estimates of losses and damage from the devastating wildfires across Hawaii’s Maui island and the historic town of Lahaina. Catastrophe modeler Karen Clark & Company issued new estimates showing the insured property losses from the …
Three of last month’s California wildfires will cost insurers about $9.05 billion, according to preliminary information from state regulators. That figure is based on initial claims that insurers have received from the Camp, Woolsey and Hill fires, California Insurance Commissioner …
Two recent California wildfires are now counted among the most destructive wildfires in the state’s history, according to Insurance Commissioner Dave Jones. Insured residential and commercial losses from the Carr and Mendocino Complex fires top $845 million. The insurance commissioner …
Insurance claims from last year’s deadly California wildfires have reached $11.8 billion, making it the most expensive series of wildfires in state history, an official said Wednesday. The staggering number exceeds the total insurance claims from the top 10 previously …
Residents and tourists were unprepared for a devastating wildfire that whipped through Gatlinburg, Tenn., last fall. Winds topping 87 miles per hour fanned the flames that began in the Smoky Mountains and quickly spread through the mountain town, destroying homes …