Valley fire News

Butte, Valley Wildfires Cause $1B in Insured Losses

Two of the most destructive fires in California’s history, the Valley and Butte Fires, ravaged nearly 150,000 acres in Northern California last fall and caused an estimated $1 billion in insurance losses. The Valley fire pillaged 1,958 structures in Lake, …

Insurers Handling California Wildfire Losses Agree to Claim Handling Reforms

Insurers handling wildfire damage from the Valley and Butte wildfires last month in Northern California has agreed to a claims handling process to help fire victims begin their recovery more quickly, Insurance Commissioner Dave Jones announced on Wednesday. More than …

Multiple California Wildfires Destroy More Than 2,000 Homes, Curb Insurer Appetites

A pair of massive California wildfires that have destroyed more than 2,000 structures are now considered among the most damaging fires in state history, and they could change the way insurers view risk or conduct underwriting in rural areas in …

Nearly 1700 Homes Destroyed by California Wildfires

It has been several days since two huge wildfires in Northern California peaked in their ferocity, yet the damage they did is still being revealed daily. Crews who made gains overnight on one of the worst wildfires in the state’s …