Insurers are expected to pay an estimated $120 million to home owners and businesses for insured-property losses from the Rodeo-Chediski Complex wildfire in Arizona, according to preliminary projections by the Insurance Services Office, Inc.’s (ISO) Property Claim Services (PCS) unit.
The wildfire, which raged over a vast swath of parkland during late June and early July, generated over 6,000 claims for damage to residential and commercial property and vehicles.
The fire destroyed an estimated 300 dwelling structures.
Topics Catastrophe Natural Disasters Carriers Profit Loss Wildfire Property
Was this article valuable?
Here are more articles you may enjoy.
Brown & Brown Wins Temporary Injunction Against Howden 
Ex-NFL Player Sentenced to 16 Years in Prison for $200M Medicare Fraud Scheme 
South Florida Police Officers Sue Actors, Say Details in ‘The Rip’ Are Too Real 
New York State Has Budget Deal That Includes Auto Insurance Reforms: Gov. Hochul 
