California Wildfires and the Aftermath
Five different California wildfires have so far burned over 40,000 acres, following years of significant drought. The winds are still an issue and the fires will continue to burn because they are only partially contained.
Property loss estimates continue to change but current estimates are that damages will amount to $45 billion or more insured costs, and economic losses between $150 to $275 billion. Aside from the fire damage itself and loss of life, there are many secondary issues that arise
Categories
Recent Posts
Should insurance pros be concerned about the U.S. economy?
Insurance Carrier accused of excluding Women
Court declares homeowners policy doesn't cover theft of cryptocurrency
Desantis announces FLORIDA home, auto insurance rate reductions
Shining a Light on Solar Energy
10 Recently liquidated insurance carriers - Is YOURS on the list?
Multifamily Vacancy Rate Falls as Absorption Surges
Moody’s: LA wildfires will increase property insurance costs across the state
9 Things For Commercial Real Estate To Watch In Trump's First 100 Days
PALM BEACH COUNTY WRAPS UP 2024 WITH RISING INVENTORY
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
GET MORE INFORMATION