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AIR Estimates Insured Losses from Southern California Wildfires Likely Range Between $600 and $800 Million
Catastrophe risk modeling firm AIR Worldwide estimates that total insured losses from the Freeway Complex, Sayre, and Tea fires in Southern California will likely range between $600 and $800 million. These estimates include damage to or destruction of primary structures, their contents, and estimated additional living expenses for residential policies or business interruption for commercial properties. AIR will be dispatching a post-disaster survey team to Southern California.
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