Brought to you by:
Premium Funding
Premium Funding

California wildfires force more evacuations

Facebook Twitter LinkedIn Google

Authorities in Santa Barbara County have issued an evacuation order as the wildfires in southern California continue into a second week.

More than 800 buildings have been destroyed and thousands more are at risk.

Catastrophe modellers have yet to estimate losses, which will cap a busy year for US insurers still managing claims from hurricanes Harvey, Irma and Maria.

“The US wildfire season is not over yet,” RMS Senior Product Manager and wildfire expert Kevin Van Leer said.

“It’s important to note that special climate conditions… are significant drivers for increased wildfire risk. The combination of winds along with long-term dry conditions and low humidity can result in an ignition that can quickly turn into a catastrophic wildfire event.”