California wildfire loss totals grow among insurance companies

forest fire California wildfire loss

Nationwide has already revealed that it expects to face a loss greater than $1.3 billion from the state’s fires. Nationwide Insurance has announced that it predicts its California wildfire loss will be more than $1.3 billion. Blazes ripped through the state in October and another sparked near Los Angeles, forcing evacuations in Ventura County as the fires reach the Pacific Ocean. The Tubbs wildfire alone generated a loss of what is expected to be about $1.2 billion, with other fires adding. That California wildfire loss only grew with the Atlas…

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