US wildfire losses could top $1.75bn

Losses from wildfires that burned across unusually large areas
of the US over the summer could cost insurers more than $1.75bn,
according to an early estimate from Guy Carpenter.
Citing information from the National Interagency Fire Center,
the reinsurance broker said the wildfires burned more than 9.3
million acres, causing damage to almost 50 percent more land than
the 10-year annual average.
Analysis of damage caused by wildfires over the last decade
showed that around 6.3 million acres had t