Tuesday, October 23, 2007

California fires cause hundreds of millions of dollars worth of damage

SAN FRANCISCO (Reuters) - The fires raging in Southern California have likely caused hundreds of millions of dollars worth of damage to homes and businesses, the state's insurance commissioner said on Tuesday.

More than a thousand homes were destroyed in this fire, along with "scores" of businesses, California Insurance Commissioner Steve Poizner told Reuters. He said, "This is just a terrible disaster; it's going to be one of the worst ever." Hundreds of thousands of people were forced to evacuate, and there is little hope for relief from the hot desert winds fanning the flames.

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