Wildfire claims will likely exceed $10 billion for second straight year

Total insurance claims for wildfires in the US will likely exceed $10 billion for the second year in a row, according to a new report.

Aon’s Impact Forecasting team recently released its monthly Global Catastrophe Recap report, which evaluated the impact of natural disasters worldwide during November.

The Camp Fire killed 88 people, left dozens unaccounted for, and damaged or destroyed 19,357 homes and other structures.

https://www.insurancebusinessmag.com/us/news/catastrophe/wildfire-claims-will-likely-exceed-10-billion-for-second-straight-year--aon-118352.aspx