PG&E admits its equipment was the “probable” Camp Fire cause

Camp Fire Cause - California Camp Fire

The largest Californian wildfire in history was likely the result of the bankrupt utility’s equipment. Bankrupt Californian utility company, PG&E, said in its earnings statement that its equipment was the “probable” Camp Fire cause. That same statement reported the highest losses the company had ever recorded. PG&E’s statement said that investigators will likely find its equipment was the fire’s ignition point. As the Camp Fire cause, this would make PG&E’s equipment responsible for the largest wildfire in Californian history. The blaze ripped through Northern California for half of November 2018,…

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Last November’s California wildfires caused $11.4 billion in insured damage

California Wildfires - Damage from Fire

Residents of the state have filed many thousands of insurance claims from the Camp Fire. Last year’s record-breaking California wildfires have now generated $11.4 billion in insurance claims. This has made the fires in that month, which ripped their way through Butte County and Southern California, some of the most expensive the state has ever experienced. The Camp Fire killed 86 people and essentially burned the town of Paradise right off the map. Three quarters of the losses from California wildfires in November 2018 were the result of the Camp…

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California Department of Insurance estimates suggest $1.05 billion in wildfire damage

forest fire California wildfire loss

Official estimates indicate that the devastating wildfires that plague the state will create billion dollar losses. The California Department of Insurance has released an estimate for the damages left behind by the catastrophic wildfires that have left historic damages in the state. The department believes the insured wildfires losses will reach at least $1.05 billion. This estimate is based on the claims received so far from the eight largest Californian insurance companies. Following that estimate, the California Department of Insurance also revealed that it expects the figure to grow. By…

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California wildfire damage threatens homes, wine country and lives

California wildfire damage

Mandatory evacuations were ordered over the weekend to protect residents whose properties are at risk. Firefighters continue to battle Northern California wildfire damage as the blazes continue to be stoked by local winds. Evacuation orders were issued to residents in the wine country area as the fires continue to blast their way across the region. Despite the best efforts of local officials, at least 10 people have already been reported as killed by the fires. Twenty thousand people are now headed away to seek shelter. At first, hundreds of the…

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