• California Was Already Facing an Insurance Crisis. The Deadliest Wildfires in State History Are Making It Even Worse

    27 days ago - By Fortune

    The Camp Fire in Northern California and the Woolsey Fire in suburban Los Angeles continue to burn, with the death toll reaching 31 as weather remains dry throughout the state. More than 6,700 structures have been lost in the raging fires in California. The total cost to the state, insurers and homeowners is expected to top $19 billion.
    Fire insurance was already an issue in California before the most recent blazes started. Premiums are on the rise for homeowners in areas at risk of wildfires, and some insurers are refusing to renew policies for people in danger areas. Insurers in...
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  • We Are Witnessing The Most Destructive Fire In The History Of California, And “Devil Winds” Threaten To Make Things Even Worse

    We Are Witnessing The Most Destructive Fire In The History Of California, And “Devil Winds” Threaten To Make Things Even Worse

    27 days ago - By The Economic Collapse

    California has been absolutely devastated by horrific wildfires in recent years, but the state has never seen anything quite like this. At this moment, three major wildfires are raging, and the Camp Fire in Butte County is already officially the most destructive wildfire in California history. Thousands of firefighters are desperately trying to contain this fire, but they haven't had much success. More than 6,700 structures have already been destroyed, and that shatters the all-time record that was set just last year. In fact, five of the ten most destructive wildfires in California...
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