In Colorado last month, the Black Forest Fire became the state’s most destructive, destroying nearly 500 homes. Although official loss numbers have not yet been released, the state’s insurance association says the blaze may cost insurers more than $100 ­million.

“Adjusters have been in the process of compiling losses for several weeks now, and with about 486 homes burned according to El Paso County, it certainly is the most destructive in [state] history in terms of structures burned in one fire,” Carole Walker, executive director of the Rocky Mountain Insurance Information Association (RMIIA), reports. “Initial estimates show that damage can be upwards of $100 million in losses.”

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2022 ALM Global, LLC. All Rights Reserved.