Home Saved, But Losses Nevertheless Huge

Nine billion dollars. It’s about what an aircraft carrier costs the Navy. It’s also about how much insurers are being asked to compensate their customers after California’s particularly destructive fire season. Meanwhile, some are finding navigating insurance policies a challenge, especially where damage isn’t total. As Reporter Laura Flynn explains: design, materials and luck saved a man’s home. But policy clauses may prevent him ever being able to rebuild a cherished workshop and other buildings.