ISO: Ariz. Wildfire Loss Is $120 Million

NU Online News Service, July 18, 12:17 p.m.EST? Insurers are expected to pay an estimated $120million to home owners and businesses for insured-property lossesfrom the Rodeo-Chediski Complex wildfire in Arizona, according topreliminary projections by the Jersey City, N.J.-based InsuranceServices Office Inc.

ISO's Property Claim Services unit said the wildfire, whichdestroyed 400,000 acres in late June and early this month, most ofit national parkland, generated over 6,000 claims for damage toresidential and commercial property and vehicles.

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