Official: California Fire Losses Top $1 Billion

Official: California Fire Losses Top $1 Billion

(20 Oct 2017) California's insurance commissioner says preliminary estimates of losses from the state's recent siege of wildfires exceed $1 billion and that the figure is expected to rise. Commissioner Dave Jones told reporters in Los Angeles Thursday that the estimate comes from the eight largest insurers in the affected areas. Authorities say nearly 7,000 homes and structures were destroyed in Northern California's deadly wildfires. That number also is expected to increase. A few dozen homes and other structures also recently burned in a Southern California fire. Find out more about AP Archive: http://www.aparchive.com/HowWeWork Twitter:   / ap_archive   Facebook:   / aparchives   ​​ Instagram:   / apnews   You can license this story through AP Archive: http://www.aparchive.com/metadata/you...