California Takes Financial Wallop from Unrelenting Wildfires

California is taking a financial wallop from unrelenting wildfires that have drained its firefighting budget and prompted nearly $1 billion in property claims even before the start of the dangerous fall fire season, officials said Thursday.

The disclosures came as a roaring blaze in a rural area near the Oregon state line closed 45 miles (72 kilometers) of heavily traveled Interstate 5, the main highway from Mexico to Canada.

read more >>