![California wildfires-related insured losses within anticipated level: Fitch]( "California wildfires-related insured losses within anticipated level: Fitch")
Losses from the ongoing California wildfires will likely hurt fourth-quarter earnings of insurers, but are expected to remain within anticipated levels, ratings agency Fitch said on Tuesday. Camp Fire is the deadliest wildfire in California's history, incinerating some 12,000 homes along the way, while the Woolsey Fire in the foothills above Malibu has threatened thousands of homes. Catastrophe risk modeler Risk Management Solutions has estimated insured losses from the Camp and Woolsey fires to range from $9 billion to $13 billion.
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