Tennessee Wildfire Insurance Claims Top $842M
State officials say insurance claims have topped $842 million in the deadly eastern Tennessee wildfires that burned thousands of buildings.
The Knoxville News Sentinel reported the number, provided the Tennessee Department of Commerce and Insurance, Jan. 18.
The department says as of Jan. 6, the Gatlinburg-area wildfires resulted in more than 3,900 claims and more than $842 million in residential and commercial property losses.
The numbers don’t include damages to uninsured structures.
In mid-December, Sevier County Mayor Larry Waters estimated damages at more than $500 million. Previously, 2,460 structures were deemed damaged or destroyed.
On Nov. 28, gale-force winds spread wildfires to the Gatlinburg area, killing 14 people.
Federal Emergency Management Agency spokesman Michael Peacock says FEMA has approved $2.5 million in wildfire-related grants as of Jan. 17.
- Fannie and Freddie Hit Pause on Replacement-Value Requirements for Home Insurance
- Auto Insurance Shopping ‘Hot,’ Consumers Switching ‘Sizzling’: LexisNexis
- Lindberg Convicted in Second Trial on Attempting to Bribe NC Insurance Commissioner
- High Court: E-Scooter Rider Hit by Car Not Eligible for No-Fault PIP Benefits