Real Estate/Development
Nov. 25, 2003
Wildfires Spare Insurance Rates
BY JULIE NAKASHIMA CREJ Staff Writer Southern California's October wildfires, as destructive as they were, are not likely to spark a jump in fire insurance premiums on commercial property.
BY JULIE NAKASHIMA
CREJ Staff Writer
Southern California's October wildfires, as destructive as they were, are not likely to spark a jump in fire insurance premiums on commercial property.
The fires scorched three-quarters of a million acres of land and destroyed 3,600 homes, but commercial structures got through the disaster relatively unscathed. In San Bernardino, the fires singed dozens of commercial buildings that serve the tourism indu...
CREJ Staff Writer
Southern California's October wildfires, as destructive as they were, are not likely to spark a jump in fire insurance premiums on commercial property.
The fires scorched three-quarters of a million acres of land and destroyed 3,600 homes, but commercial structures got through the disaster relatively unscathed. In San Bernardino, the fires singed dozens of commercial buildings that serve the tourism indu...
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