wildfire insured losses News

More than $9 billion in insurance claims have been filed following wildfires that ravaged Northern California two months ago, the state’s top insurance regulator said Wednesday. The figure represents residential, commercial, automobile and other property claims filed with 260 insurers …

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 …