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Politics : Formerly About Advanced Micro Devices
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To: Sdgla who wrote (1051945)1/31/2018 11:17:34 PM
From: Wharf Rat  Read Replies (1) of 1577595
 
California wildfire insurance claims near $12 billion

SACRAMENTO — 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 most costly wildfires in California.

Until last year, California’s most expensive single fire was the 1991 Oakland Hills fire that prompted $2.7 billion in claims in today’s dollars, according to data from the Insurance Information Institute….
….The figures do not reflect losses suffered by people who were uninsured or at schools and other public buildings
mercurynews.com
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