A British insurance marketplace in business since 1871 will pay up to $25 million of wildfire costs in Oregon under the state’s one-of-a-kind wildfire insurance. The policy with Lloyd’s of London calls for the state to pay the first $50 million in costs, then Lloyd’s pays the next $25 million. Anything above that would be… Continue reading One-of-a-kind Lloyd’s of London Wildfire Insurance Will Kick in for Oregon
Tag: Oregon fires
Thousands Are Displaced as West Coast Crews Battle Fires
Exhausted fire crews worked on Sunday to beat back raging wildfires that have scorched millions of acres across three Western states and displaced thousands of people as communities have been swallowed by flames. At least 24 people have died in the fires, and in Oregon, which has taken the biggest blow in the last few… Continue reading Thousands Are Displaced as West Coast Crews Battle Fires