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Calif. Wildfire Insured Loss Could Hit $150 Million

Newark, Calif.-based Risk Management Solutions came out with its estimate as the Angora wildfire continued to ravage residences. As of yesterday, 305 buildings and outbuildings had gone up in flames,

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The insured losses from the wildfire raging through forests south of Lake Tahoe, Calif., will run between $100 million and $150 million, according to a risk modeling firm.

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