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December 13, 2018

California fire cleanup will cost at least $3B

  • Insurance companies estimate they will face at least $10 billion in claims from homeowners and businesses for the latest wildfires.

    • SAN FRANCISCO (AP) — State and federal authorities estimated Tuesday that it will cost at least $3 billion to clear debris from 19,000 homes and businesses destroyed by three California wildfires last month.

    The disaster relief officials said the cleanup costs will far surpass the record cleanup expense of $1.3 billion the U.S. Army Corps of Engineers spent on debris removal in Northern California in 2017.


     
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