- Category: Blog
According to a report from the NFPA, In 2012, the fire with the highest loss in terms of direct property damage was a wildland fire. In fact, two of the three largest losses last year involved wildfires, reported at $453.7 million and $113.7 million, respectively. (The second-biggest large-loss fire in 2012 was a $400 million fire on a submarine.) Wildland events have produced fires resulting in the largest direct property damage in seven of the past 10 years. Far down the list at “only” $22 million in losses were electrical transformer fires in Massachusetts.