California Insurance Commissioner Ricardo Lara on Monday announced that more than $11.4 billion in insur ed losses have been reported from the November 2018 fires.
That is a 25 percent increase, or more than $2.3 billion, from losses the California Department of Insurance reported in December 2018. More than 13,000 insured homes and businesses suffered a total loss out of more than 46,000 claims reported by insurers.
“Today, we have a clearer picture of the loss from the devastating Camp and Woolsey fires,” Lara said in a statement.