wildfire costs News

Feds Say Most of $18M Owed for California Firefighting Has Been Repaid

The U.S. Forest Service repaid most of the $18 million that a California official said it owed the state for fighting fires last year in national forests, a spokesman said Monday. About $14 million was paid to local governments by …

Latest California Wildfire Costliest Ever at $200M

A wildfire burning for nearly two months on California’s scenic Big Sur coast has surpassed $200 million in firefighting costs, becoming the costliest to fight in U.S. history, according to date released Monday. The fire has cost $206.7 million to …

This Year’s California Wildfires Costliest for Insurers Since 1991

The wildfires ravaging Northern California may be the costliest for the insurance industry in more than two decades by the time the blazes are controlled. “Although it is too early to provide any current loss estimates, the Valley fire could …

Natural Disaster Funds Could be Tapped to Fight Wildfires

A bipartisan effort underway in Congress would change the way the country pays to fight catastrophic wildfires, tapping natural disaster funds instead of money intended for fire prevention, lawmakers from Oregon and Idaho said Monday. In the past, as fire …