damage estimates News

Insurance Tech Firm CCC Information to Go Public Via $7B SPAC Deal

CCC Information Services said on Wednesday it was going public through a merger with blank-check firm Dragoneer Growth Opportunities Corp, in a deal that valued the data and technology provider to auto and insurance firms at about $7 billion. The …

Wisconsin Warehouse Fire Damages Estimate Between $1M to $2M

Preliminary damage estimates from this week’s warehouse fire in Madison, Wisc., are $1 million to $2 million. Windsor Buildings Systems was destroyed by fire Tuesday. Investigators say the fire apparently started in a maintenance room at Windsor, a company that …

Fire at Idaho Falls Straw Maze Causes $100K in Damage

A fire burning in a straw bale maze in Idaho Falls caused an estimated $100,000 in damage and was expected to continue to burn into Thursday or Friday. The Idaho Falls Fire Department tells KIFI-TV that the fire started at …

Insurers Estimate Colorado Fire Damage at $449.7M

Insurers estimate that recent wildfires in Colorado caused at least $449.7 million in damage. The figure released Tuesday by the Rocky Mountain Insurance Information Association is based on claims filed so far for houses lost at the High Park Fire …

Las Vegas Blaze Started in Apartments Hollow Space

Fire investigators know where a three-alarm blaze started before it badly damaged a 16-unit apartment building in northwest Las Vegas. But they don’t know yet how it started. Fire spokesman Tim Szymanski said Friday the fire started a little before …

3 Students Suspected in University of Vermont Dorm Damage

Three University of Vermont students are accused of breaking in and vandalizing a residence hall under construction. The project’s developer estimates damages could range from $25,000 to $50,000 for broken windows, roof repairs and cleanup. They said toilers awaiting installation …

Woman Arrested for Torching California Apartment Building

A woman suspected of torching a West Hollywood, Calif., apartment building, forcing 100 residents to flee flames, has been arrested. Investigators say charcoal lighter fluid was splashed in one of the units of the four-story apartment building on March 4. …

January Storms Cause $38M Damage in Oregon

Preliminary assessments indicate the wind, rain and snow that hit Oregon in mid-January caused an estimated $38 million in damage to nine counties. The Oregonian reports that figure is expected to grow. Flooding was blamed for two deaths. Hard-hit Marion …

Storms Mean Higher Electricity Costs for Alaska Residents

Recent storm damage in south central Alaska means higher electricity costs for some customers. KTUU-TV reports that the storms have taken a toll on two electric companies and ratepayers will likely have to cover the repair costs. Chugach says it’s …