PIFC REPORTS MEMBER COMPANY CLAIMS FILED FROM SHASTA FIRES:

September 6, 2004

The Personal Insurance Federation of California (PIFC), an insurance trade association representing insurers that write approximately 50 percent of insured homes in California, reported on the losses being handled by its members following the now-contained Shasta area fires. “The 10,400-acre Bear Fire destroyed 80 homes, 30 outbuildings and 10 vehicles in the hills south of Shasta Lake, about 140 miles northwest of Sacramento. Another 9,000 acres burned resulting in the destruction of 22 homes and two commercial buildings in the historic mining town of French Gulch, 19 miles west of Redding,” explained Dan Dunmoyer, president of PIFC. State Farm reported that claims representatives from its Chico office are working with 16 policyholders in the Bear Fire area. Six of those policyholders have total residence losses; nine have reported partial losses; and one has reported the loss of a boat. State Farm company officials also reported one total residential loss in the French Gulch Fire; two partial losses; and two partial loss auto claims. In addition, State Farm officials reported that adverse weather has resulted in approximately 60 claims from the Victorville/Apple Valley areas. Additional claims are expected in the near future. Farmers Insurance Group reported that it has received six residential total loss claims and has not tallied other claims such as smoke damage, partial damage or vehicle claims. Claims adjusters and company personnel have been at the scene working with Farmers policyholders. As of late August, Safeco has not received any claims from the Shasta fires.

Topics Claims

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Insurance Journal Magazine September 6, 2004
September 6, 2004
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