No. of Recommendations: 0
From AM Best, regarding the ongoing wildfires in and around Spokane, WA as of Aug 5, 2026:
“Three major wildfires, together called the Complex Fire, to date have burned over 10,000 acres, destroying more than 700 homes and forcing the evacuation of approximately 65,000 people. At its current damage level, the losses do not appear to be in the same order of magnitude as the 2025 California wildfires and likely will have minimal impact on the current softening prices in the reinsurance market; however, there could be a reassessment in localized areas and where reinsurers feel they have to re-evaluate some of their models.”
From what I can tell, BRK doesn’t have much exposure to the homeowners’ market in the Pacific Northwest, but any info on that, especially reinsurance exposure, would be appreciated.
news.ambest.com: Best’s Commentary: Losses in Washington Wildfires Expected to be Sizableabromber
