Additionally, RMS said that estimated insured losses from these wildfires would rank them among the costliest in Californian history, behind the Oakland Hills fires in 1991 and the Southern California fires in October 2003. They also reported that primary personal lines insurers and specialty writers for high-value properties are expected to incur most of the claims from these wildfires.

“In recent years there has been significant development in the wildlands that border urban areas, as people seek to live in a more natural environment,” said Don Windeler, director of model management for RMS, in a release. “As a result, more properties are at risk from brushfires, which pose a high hazard in these areas.”

Despite the high dollar figures being floated, Fitch Ratings said in a release that insured losses are expected to be within the level of losses anticipated by carriers when pricing catastrophe risk into premiums. Furthermore, they said that insurance companies that write the lines of business in California most affected by the wildfires are generally the larger, national carriers that, as a group, have high insurer financial strength ratings. The insurance lines of business most affected, according to Fitch, will be personal lines, automobile, and commercial lines, with the latter seeing significant claims in business interruption.

The California Department of Insurance (CDI) issued an emergency declaration that allowed non-CDI licensed adjusters — typically those adjusters from outside the state — to legally work claims in California. However, their work must be under the active direction, control, charge, or management of a CDI-licensed insurer or adjuster.

“I am issuing a declaration that will expedite additional insurance adjusters to California to assist survivors of the fire storms with the prompt processing of insurance claims resulting from this catastrophic event,” said California's Insurance Commissioner Steve Poizner, in a release. “For many, the first step on the road to recovery is to cut through the red tape and have their losses documented and processed for a claim. We want to remove any unnecessary delays to the system and make sure we have enough adjusters on the job.”

Many companies have already announced the dispatch of catastrophe teams. State Farm, the state's largest homeowners' insurer, reported that it had sent hundreds of adjusters to handle more than 2,000 claims it had already received. Liberty Mutual also responded by sending more than 75 adjusters and two mobile catastrophe response units to the scene. Independent catastrophe adjusters should expect to be utilized, as well. Farmers Insurance, meanwhile, has already reported more than 6,000 claims for its 400 on-site catastrophe adjusters to handle.

Interested in more catastrophe news and in-depth articles? Head over to Claims' catastrophe channel for more information.