Last year’s wildfires broke records, and the destruction has been repeated again this year. California’s Insurance Commissioner Dave Jones announced on September 06 that the Carr and Mendocino Complex fires topped $845 million in insured residential and commercial losses, marking them as some of the most destructive wildfires in California’s history.
As flames level homes and businesses, a major concern is how all these structures will be rebuilt after the fact, an issue that still haunts communities following 2017’s blazes and the wave of other natural catastrophes.
You've reached your limit - Register for free now for unlimited access
To read the full story, and get unlimited access to Insurance Business website content, just register for free now. GET STARTED HERE
Already a website member? Log in below.