1,700+ Buildings Razed by Maui Wildfire (Reinsurance News)

1,700+ Buildings Razed by Maui Wildfire

Friday, August 11th, 2023 Catastrophe Property

The wildfire outbreaks in Hawaii have reportedly destroyed 1,700+ buildings thus far, indicating a potential extensive loss for the re/insurance industry, while the death toll has risen to 55, with as many as 1,000 people missing.

According to CoreLogic’s hazard blog from August 10, the greatest concentration of damage is in Lahaina, a town on Maui’s western coast.

As per a County of Maui press release from Aug 9, 271 structures were damaged or destroyed in the town of 13,000.

Governor of Hawaii, Josh Green, has since issued a fourth emergency proclamation related to the wildfires, which he said have destroyed an estimated 1,700 buildings.


External References & Further Reading
https://www.reinsurancene.ws/devastating-hawaii-wildfires-estimated-to-have-destroyed-1700-buildings/
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