Calif. wildfires losses reach $1 billion
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Losses from the wildfires ripping across Southern California have reached $1 billion, and economists said Wednesday the tally could be pushed even higher when the final costs of rebuilding and lost tourism are determined.
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WASHINGTON _ Wildfires around California's Lake Tahoe and Alaska's Kenai Peninsula are fanning the firefighting costs that officials are trying to curtail.
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RAMONA, California  - Sifting through the ash-covered rubble where her family's home stood one week ago, Nicole Booth combs the scorched remains of a life left behind in the wildfires that blanketed this Southern California town.
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Firefighters won the upper hand against most of California's wildfires on Thursday, though several still burned out of control as President George W. Bush surveyed what he called "terrible devastation" from the five-day disaster.
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U.S. property and casualty insurers are expected to pay $6.5 billion in losses from 23 catastrophes during 2007, much of it from California wildfires, according to ISO, a company that supplies statistical information for the industry.
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Wildfires fed by gale-force winds ravaged Southern California, destroying hundreds of buildings and charring 267,000 acres.
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More than 1,000 firefighters fought lightning-sparked blazes that had burned more than 80,000 acres across northern Nevada by Tuesday, putting just about every available piece of equipment and firefighter on the lines.
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Internet content delivery company  Limelight Networks Inc said on Tuesday that the Hollywood  writers' strike will cost the company $1 million this quarter,  and a few million in the remainder of the year.
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Insured losses from California wildfires could exceed $1.6 billion if the fires continue to spread, a risk modeling firm said on Thursday.
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Wildfires blown by fierce desert winds Monday reduced hundreds of Southern California homes to ashes, forced hundreds of thousands of people to flee and laid a hellish, spidery pattern of luminous orange over the drought-stricken region
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A lull in strong winds fanning one of the largest wildfires in California history helped firefighters as they battled to bring the blaze under control, state officials said.
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Firefighters in California battle to stem fires that have scorched hundreds of homes as rain eases Alaskan fires.
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Some relief is expected later today in the gale force winds propelling the wildfires across Southern California, destroying almost 1,300 homes.
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Hundreds of thousands of people in California have been forced to flee their homes as fierce brush fires fuelled by gusting winds continue to burn out of control.
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From the high desert to the Pacific Ocean, out-of-control wildfires engulfed swaths of drought-parched Southern California, claiming one life, destroying several homes and a church in Malibu, and forcing an entire community to evacuate
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California wildfires that have destroyed 1,300 homes and forced the evacuation of 500,000 people raged into a fifth day on Thursday, but firefighters seized on a break in the weather to largely halt the march of destruction.
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Pollution from the construction industry led to the deaths of more than 1,100 people in California in 2005, a report released on Tuesday by the Union of Concerned Scientists said.