CA Wildfires Latest

Warnings of increased wildfire risk for the West this year (see our June 25 posting) sadly appear to have become reality as the worst wildfires in years continue to burn in California. In a preliminary estimate, the I.I.I. and the Insurance Information Network of California (IINC) expect that insured losses will exceed $500 million. This figure includes damaged and destroyed homes, as well as payments for additional living expenses and losses to businesses. For California wildfire statistics, check out the I.I.I. disaster Web site. Further information is also available from IINC.

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