Most Calif. Wildfire Home Claims Settled

NU Online News Service, April 21, 11:17 a.m. EDT?A new estimate provided by a California insurance trade group indicates a majority of the more than $1.2 billion in homeowners claims expected from last October's devastating California wildfires have now been settled.[@@]

According to the findings from a new survey by the Insurance Information Network of California, which received responses from 66 percent of the homeowner insurance market in the state, insurers said they have paid and completed 10,811 of their 12,902 residential fire claims?representing some 84 percent of their homeowners claims.

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