Aon says losses between $1.2bn and $1.6bn
This week’s wildfires in California are expected to produce insured losses between $1.2 billion and $1.6 billion, according to Impact Forecasting, a unit of Aon Corporation.
More than 80 percent of the losses are expected to occur from the Witch Creek fire that merged with the Guejito and Poomacha fires.
