Canadian Underwriter

Arizona wildfire produces US$120 million insured loss

July 18, 2002   by Canadian Underwriter

Print this page Share

A wildfire that ravaged a large area of parkland at the Rodeo-Chediski Complex in Arizona over late June/early July this year is expected to cost insurers about US$120 million, according to loss estimates compiled by the Insurance Services Office (ISO). The losses include homeowners, auto and business claims.
The fire destroyed approximately 300 dwellings, resulting in a total of more than 6,000 claims. Insured property loss is expected to amount to about US$70 million, the ISO says.

Print this page Share

Have your say:

Your email address will not be published. Required fields are marked *