California fire damage estimated at $ 9-13 billion


Analysts at RMS, a global risk modeling company, calculated that economic losses from the Camp and Woolsey fires in California would reach about 9 billion-13 billion dollars. Their assessment included damage to property and cars, as well as losses from business interruption and additional living expenses. The fires, the area of which amounted to almost 100 thousand hectares, destroyed about 12 thousand houses and companies. About 80 people died, about 1,200 more went missing. The Camp fire in the north of the state was the most devastating fire in California history.

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