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Commissioner Lara urges insurance companies to cover wildfire property losses without requiring a home inventory

California’s Commissioner 10-2-2020 Press Release

From the Press Release.
 — In response to California’s latest destructive fires, Insurance Commissioner Ricardo Lara is requesting that insurance companies help wildfire survivors who are overwhelmed with the task of navigating the claims process by providing up to 100 percent of personal property coverage limits without a detailed inventory to those who suffered a total loss of their home, similar to previous identical requests in past years.

Wildfires – Western US

Source: FEMA - Updated 10/6

The information below is from the FEMA Daily Ops Briefing issued 10/06 @ 8:30 am

Situation: : Of the over 7 million acres burned, the National Watch Center continues to track 11 active fires that have burned nearly 2 million acres from the West Coast to the Rocky Mountains. Mandatory evacuations continue throughout the impacted regions. No reported unmet needs.

Taming the Flaming Cats


From the article;

"Among the many lessons for insurers coming out of Fort McMurray, one may be in how to handle claims caused by wildfires – a peril that insurers have predicted for some time will only get worse."

Severe weather, nat-cats cause record insurable damage in Canada: IBC/CatIQ

by Canadian Underwriter

Severe weather last year exacted a heavy toll in terms of insured losses, with the $4.9 billion hit dwarfing the previous annual record of $3.2 billion in 2013, Insurance Bureau of Canada (IBC) reports.

Stormy Weather Ahead Road Sign Flooding in southern Alberta and the Greater Toronto Area contributed greatly to 2013’s then-record insurable damage, while 2016 was highlighted by the massive wildfires in and around Fort McMurray.

The latest estimate from Catastrophe Indices and Quantification (CatIQ) indicates insured losses related to the wildfire amount to just shy of $3.6 billion.

This is more than twice the amount of the previous costliest natural disaster on record, IBC noted in a statement Friday.

(photo from the CADO gallery)

NYC, Boston ban road travel as huge storm hits

Source: USA Today

A historic snowstorm blasted its way through the Northeast on Monday, bringing with it havoc, flight cancellations, school closings and worry that up to 3 feet of snow and hurricane-force winds might be on the horizon.

Both New York City and Boston took the rare step of banning all forms of travel due to the storm.

"It's dangerous out there now. It's only going to become more dangerous,'' New York Gov. Andrew Cuomo said Monday evening as he announced a total ban on travel on any road after 11 p.m. in 13 counties including the city, suburbs and Long Island.
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