The 2015 fire season set a new record for the number of acres burned in the United States, according to the National Interagency Fire Center, while more and more people live in areas that are prone to wildfires.

While wildfires are nothing new, the catastrophic losses to homeowners and insurance companies are increasingly causing heartache and economic pain.

In California alone, wildfires that raged across Northern California in September 2015, cost insurers more than $1.1 billion, according to catastrophe modeler Impact Forecasting. 

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