Insurance companies have so far paid out more than $6.9 billion for losses from the biggest two of the Los Angeles-area wildfires that swept through the region and destroyed tens of thousands of homes last month. That’s according to the …
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Insurance companies have so far paid out more than $6.9 billion for losses from the biggest two of the Los Angeles-area wildfires that swept through the region and destroyed tens of thousands of homes last month.
That’s according to the California Department of Insurance, which released the latest data on claims paid for the fires on Thursday. The fires were updated from data out on Jan. 30, which had showed $4.2 billion in claims paid.
