Insurance claims from California wildfires total $11.4 billion
Victims of the Camp Fire in Paradise, California last November. Photo: Josh Edelson/AFP/Getty Images
California residents who were affected by the catastrophic and deadly wildfires last year have filed insurance claims totaling $11.4 billion, according to new estimates released Monday by Insurance Commissioner Ricardo Lara.
Details: Claims from the Camp Fire, the state's deadliest wildfire on record that killed 86 people and nearly 14,000 homes in the northern California, total more than $8 billion. The remaining $3 billion in damages are from two wildfires in Southern California. The figures come as Pacific Gas & Electric Corp., the state's largest utility, is expected to file for bankruptcy protection as soon as Tuesday, per the AP.