wildfire cleanup Volunteers help a resident looks through ashes in search of items from his home in Paradise, California, on Monday, Nov. 26, 2018. The nation’s deadliest wildfire in a century known as the Camp Fire that killed at least 85 people and burned over 14,000 homes has been fully contained after burning for more than two weeks. (Photo: David Paul Morris/Bloomberg)

California’s deadly wildfires are raising the specter of higher insurance premiums for homeowners in the state.

After “two significant years in a row of losses, I think the discussion and the debate about the environment is pretty broad and pretty public,” Michael Klein, president of personal insurance at Travelers Cos., said Tuesday in an earnings call with analysts.

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