Weather Conditions Portend Another Destructive Year of Wildfire Losses: AM Best

The Eagle Creek fire on the night of September 3rd 2017.

California wildfires caused more than $4 billion in commercial property losses for insurers in three of the past four years, with the expectation that 2021 fire losses could be even greater, according to a new AM Best report. A new Best’s Special Report, “Weather Conditions Portend Another Destructive Year of Wildfire Losses,” examines the worsening… Continue reading Weather Conditions Portend Another Destructive Year of Wildfire Losses: AM Best