January 31, 2018 / 6:37 PM / 5 months ago

California insurance dept estimates nearly $12 billion in wildfires claims

(Reuters) - Insurers have received nearly 45,000 insurance claims of about $11.79 billion in losses from the wildfires that occurred in California in October and December, the California Department of Insurance said on Wednesday.

FILE PHOTO: Firefighters keep watch on the Thomas wildfire in the hills and canyons outside Montecito, California, U.S., December 16, 2017. REUTERS/Gene Blevins/File Photo

The wildfires had damaged or destroyed more than 32,000 homes and over 8,200 vehicles, watercraft, farm vehicles and other equipment, California Insurance Commissioner Dave Jones said in a statement.

Reporting by Diptendu Lahiri in Bengaluru

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below