California Mudslide Insurance Losses Exceed $421 Million

California Mudslide Insurance Losses Exceed $421 Million
Emergency personnel carry a woman rescued from a collapsed house after a mudslide in Montecito, California, U.S. Jan. 9, 2018. Kenneth Song/Santa Barbara News-Press via Reuters
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A series of deadly mudslides along Southern California’s coast in January caused more than $421 million insured losses, the state’s insurance commissioner said on Monday.

Insurers received more than 2,000 claims, including 1,415 for homes that were partially damaged and 107 for homes that were totally destroyed, said California Insurance Commissioner Dave Jones during a media presentation.