STREAMING NOW: Watch Now

Insurance Claims from Deadly California Wildfires Top $11.4B

Insurance claims from California's deadly November 2018 wildfires have topped $11.4 billion.

Posted: Jan 28, 2019 11:55 AM
Updated: Jan 28, 2019 1:12 PM

By KATHLEEN RONAYNE , Associated Press

SACRAMENTO, Calif. (AP) — Insurance claims from California's deadly November 2018 wildfires have topped $11.4 billion, making the series of fires one of the most expensive in state history, officials said Monday.

More than $8 billion of those losses are from the fire that leveled the town of Paradise, killing 86 people and destroying roughly 15,000 homes, state Insurance Commissioner Ricardo Lara said. Roughly $3 billion worth of damage is related to two Southern California wildfires that ignited during the same week.

"We have a long way to go before we can feel whole again," Lara said after announcing the numbers.

The $11.4 billion total is slightly below the losses claimed from 2017 wildfires that ripped through Northern California wine country in October and Southern California in December.

While far more houses were destroyed in last year's wildfires, home values are much lower in rural California communities, officials said last year.

The losses could keep rising. In all, wildfire insurance claims in California last year neared $12.4 billion, Lara said.

The new numbers come as Pacific Gas & Electric Corp., the nation's largest utility, prepares to file for bankruptcy as early as Tuesday. State officials have not yet determined the cause of last year's wildfires, but PG&E equipment is suspected in the Paradise blaze.

California law makes utilities entirely liable for damage from wildfires sparked by their equipment, even if the utility isn't found negligent. PG&E has said it faces billions in possible damages from fires.

Regardless of what happens with the utility, California's insurers are prepared to pay out all the claims, most of which were filed by residential property owners, Lara said.

"We are confident that the insurers have the money to make sure that we make people whole," Lara said.

Oregon Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 21010

Reported Deaths: 355
CountyConfirmedDeaths
Multnomah484994
Washington304725
Marion288370
Umatilla225128
Clackamas152340
Malheur76814
Deschutes59610
Lane5793
Jackson4612
Yamhill45013
Lincoln4149
Union3942
Jefferson3554
Morrow3543
Polk31312
Linn27710
Klamath2012
Wasco1893
Hood River1840
Benton1696
Douglas1501
Josephine1142
Columbia940
Coos910
Clatsop850
Crook471
Baker380
Tillamook340
Lake320
Wallowa191
Sherman160
Curry150
Harney100
Gilliam40
Grant40
Unassigned00
Wheeler00

California Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 554388

Reported Deaths: 10307
CountyConfirmedDeaths
Los Angeles2067784967
Riverside40452799
Orange39076720
San Bernardino35452502
San Diego31779586
Kern22626171
Fresno17031171
Alameda13213208
San Joaquin12303211
Santa Clara11475203
Sacramento10795161
Tulare10475196
Imperial9693244
Stanislaus9566161
Contra Costa9022138
Ventura814689
San Francisco743267
Santa Barbara670469
San Mateo6110120
Marin528779
Monterey521235
Merced501264
Kings445356
Solano402940
Sonoma343147
Madera230239
Placer218620
San Luis Obispo209315
Yolo169043
Santa Cruz12386
Butte10958
Napa104610
Sutter9217
El Dorado7291
San Benito7094
Lassen6380
Yuba5884
Shasta41810
Mendocino38010
Colusa3624
Glenn3603
Nevada3221
Humboldt2824
Tehama2761
Lake2202
Amador1642
Mono1531
Tuolumne1522
Calaveras1471
Del Norte990
Siskiyou930
Inyo643
Mariposa602
Plumas340
Modoc50
Trinity50
Sierra30
Alpine20
Unassigned00
Medford
Clear
78° wxIcon
Hi: 95° Lo: 58°
Feels Like: 79°
Brookings
Clear
89° wxIcon
Hi: 90° Lo: 63°
Feels Like: 89°
Crater Lake
Clear
76° wxIcon
Hi: 87° Lo: 52°
Feels Like: 76°
Grants Pass
Clear
81° wxIcon
Hi: 90° Lo: 57°
Feels Like: 81°
Klamath Falls
Clear
76° wxIcon
Hi: 89° Lo: 50°
Feels Like: 76°
Temperatures heating up
KDRV Radar
KDRV Fire Danger
KDRV Weather Cam

Community Events