Insurance industry estimates damage of Black Forest Fire at $300 million

Colorado homeowners insurance industry wildfires

Insurance industry suffers fresh blow from Black Forest Fire A major wildfire has caused significant damage in Colorado. The disaster is being called the Black Forest Fire and was first sparked on June 11. The fire lasted until June 20 and is being considered the worst wildfire in the state’s history. The insurance industry has been working to assess the damage caused by the disaster since the fire had been effectively contained. This week, the Rocky Mountain Insurance Information Association has released a preliminary assessment of the damage caused by…

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