Home Current Insurance claims for latest California wildfires top $9 billion

Insurance claims for latest California wildfires top $9 billion

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Insurance claims for latest California wildfires top $9 billionInsurance claims from the recent spate of California wildfires, including one ranked as the most deadly and destructive in state history, have topped $9 billion and are expected to grow, the state insurance commissioner reported on Wednesday. The Camp Fire, which erupted on Nov. 8 and quickly incinerated most of the Sierra foothills town of Paradise, about 175 miles (280 km) north of San Francisco, has accounted for the bulk of the claims, just over $7 billion of the total.