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|December 16, 2017|
Damage claims from Wine Country fires hit $9.4b
SANTA ROSA - October’s wine country wildfires are now the costliest in California history, with insurance claims pegged at $9.4 billion.
The latest estimate from the state Insurance Department means the wine country fires have vaulted past the Oakland Hills fire of 1991 as the most expensive in California fire history. Oakland Hills generated about $2.8 billion in claims, when adjusted for inflation.
The estimate does not include fire fighting costs.
The wine country fires, which began Oct. 8, killed 44 people and destroyed thousands of homes.
The vast majority of the wine country claims originated in Sonoma County, where the bulk of the deaths occurred and losses now total $6.9 billion. A total of 14,686 claims have been filed by residents and businesses in Sonoma County. Another 2,470 claims have been filed in Napa County.
“The October wildfires that devastated whole communities and tragically cost 44 people their lives have now proven to be the most destructive and deadliest in our state’s history,” said Insurance Commissioner Dave Jones in a prepared statement.
The figures include claims from smaller fires that burned in early October in Yuba, Butte and Mendocino counties.
Of the $9.4 billion in claims, nearly $3.2 billion has been paid out so far by insurers
The October fires remain under investigation, although Cal Fire and the Public Utilities Commission are probing whether power lines owned by Pacific Gas and Electric Co. were a contributing factor. Multiple lawsuits have been filed against the utility, the Sacramento Bee reported.
Story Date: December 11, 2017