Sayre Fire: Victims to recieve promised compensation

Monday, April 27, 2009

Sayre Fire: Victims to recieve promised compensation

State Negotiates $46M Deal For Sayre Fire Victims

AIG-insured mobile home owners whose properties were devastated by the 2008 Sayre Fire will receive as much as an extra $125,000 on their policy under an agreement announced Tuesday by the state insurance commissioner.

The Sylmar-area fire destroyed 485 mobile homes, 370 of which were insured by American International Group, Inc.

Those policies included a stipulation that home owners would receive additional compensation if their homes were destroyed, but policyholders found that what they were provided with was insufficient to replace their mobile homes, according to the Department of Insurance.

The Department of Insurance made a $46 million deal with AIG to provide owners with an additional $100,000 to $125,000 per policy.

"Losing your home and all your belongings in a wildfire is absolutely devastating," said Insurance Commissioner Steve Poizner. "After years of making payments on their policies, homeowners count on their insurance companies to come through when they need them most -- when they lose everything."

Source: CBS2 - Link

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Every year in California thousands of wildfires start throughout the state. In most cases, the dispatch center sending the initial resources to a wildland fire will designate a name for the fire, but the first on scene engine or fire official can also name the incident. Fires are usually named for the area in which they start – a geographical location, local landmark, street, lake, mountain, peak, etc. Quickly naming the fire provides responding fire resources with an additional locater, and allows fire officials to track and prioritize incidents by name. For example during the Southern California Fire Siege of 2003, the largest wildland fire in California history, the Cedar Fire in San Diego County, was named after the Cedar Creek Falls area where it started. The destructive Old Fire, which burned during the same time period in San Bernardino County, was named after the road along which it started - Old Waterman Canyon Road.

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Monday, April 27, 2009