Tag: Hawaii wildfires

State Farm shares affordable wildfire protection tips for home insurance customers

G. Turner
Home insurance - Wildfire Protection Tips

The blazes have become more frequent in recent years and are leading to substantial damage. May is Wildfire Preparedness Month, and in the spirit of this time before the blazes typically start for the year, State Farm has provided homeowners with ways they can help to protect their homes and properties within a limited budget. In 2023, 2.6 million acres were burned by 56,000 wildfires in the US alone Last year, over 4,300 homes and commercial structures were destroyed by wildfires in the US, according to data released by the…

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Hawaii wildfires cause second highest losses to the insurance industry in the state

Nordstrom
Lahaina from the sky

The total covered losses are still climbing on Maui island and will reach the state’s second highest. The total losses the insurance industry is on the hook for due to the Hawaii wildfires on Maui island are expected to reach the second highest in the history of the state, according to modeling cited by a recent Reuters report. The rapidly moving blaze began last week and has devastated the historic resort town of Lahaina. Lahaina has been particularly hard-hit by the blazes. A historic resort town today, it was once…

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