Sevier County, Tennessee authorities estimate the loss in a wildfire earlier this month at about $12 million.
The Mountain Press reported the figure includes only the value of the cabins destroyed or damaged in the March 17 fire at Black Bear Ridge Resort and not damage to the property.
County Emergency Management Agency Director John Matthews said authorities have revised downward the number of cabins affected by the fire, reducing it from 81 to 73. Matthews said it was discovered that some concrete pads had not yet been built upon.
The dollar figure is based upon property values on file at the county assessor’s office.
It appears only one person lost a permanent home.
There were no deaths and only minor injuries to a few firefighters.
Was this article valuable?
Here are more articles you may enjoy.
All in the Family: Husband, Wife and Daughter Indicted for Insurance Fraud and Bribery
Supervisor’s Punching of Employees Enough for Tort Suit, NC Appeals Court Says
AI Bubble Risks Worst S&P 500 Crash Since 2008, Strategist Says
Europe’s Insurers Cut Coverage of Weather Losses, Report Says 

