Farmers said on Wednesday that it expects losses from the Los Angeles wildfires last month to reach an estimated $600 million.
Insurance companies have so far paid out more than $6.9 billion for losses from the biggest two of the Los Angeles-area wildfires that swept through the region and destroyed tens of thousands of homes in January, according to the latest figures from the California Department of Insurance.
Data from insurers released by the CDI show 33,717 claims have been filed for home, business, living expenses and other disaster-related expenses. The data show 5,597 auto