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California Fires Cause $1B in Damage, Burn 7,000 Buildings

The wildfires that have devastated Northern California this month caused at least $1 billion in damage to insured property, officials said Thursday, as authorities increased the count of homes and other buildings destroyed to nearly 7,000. Both numbers were expected to rise as crews continued assessing areas scorched by the blazes that killed 42 people, a total that makes it the deadliest series of fires in state history. State Insurance Commissioner Dave Jones said the preliminary dollar valuation of losses came from claims filed with the eight largest insurance companies…

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California fires cause $1B in damages, burn 7,000 buildings

AP Photo/Eric Risberg SAN FRANCISCO (AP) — The wildfires that have devastated California this month caused at least $1 billion in damage to insured property, officials said Thursday, as authorities raised the number of homes and other buildings destroyed to nearly 7,000. Both numbers were expected to rise as crews continue assessing areas scorched by the blazes that killed 42 people. State Insurance Commissioner Dave Jones said the preliminary dollar valuation of losses came from claims filed with the eight largest insurance companies in … Read the referenced story here: California…

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