Korean pitcher Park Chan-ho, who previously commanded the Major League Baseball, is also known to have suffered damage due to a large wildfire near LA, California.토토사이트

Park Chan-ho bought a house in 1999 in Beverly Hills, a luxury residential area near LA, California. However, it was reported that it was burned down by the forest fire. A baseball acquaintance close to Park Chan-ho told MHN Sports on the 10th (Korea time) that "Park Chan-ho has left his home and is staying at a hotel in a nearby area with his wife and children."

About 5,000 houses, including houses and buildings, were burned down and killed in the fire, but none of Park Chan-ho and his family were hurt fortunately. According to NBC News in the U.S., the amount of property damage is estimated to exceed 200 trillion won due to the LA fire.

The bigger problem is that large insurance companies in California have recently reduced their business activities, reportedly not only not receiving new subscriptions, but also refusing to renew insurance for existing customers. Therefore, although homes and buildings were burned down by the forest fire, there are concerns that it will not be easy to recover from the damage due to the poor financial conditions of insurance companies.

The LA Times predicted on the 10th that "the wildfire will be the most expensive fire in U.S. history." The media also predicted, "The damage so far will reach at least $50 billion," adding, "If the damage is revealed in more detail over time, more than $100 billion could be lost."

However, many of the houses burned down in the fire are known to have not had fire insurance, which is shocking. It is not known whether Park Chan-ho also has fire insurance.

This is also because major private insurers in the United States have been in the process of closing their businesses in California in recent years, reeling from compensation for damages caused by fires in the United States.

California, which is most popular as a residential area in the United States, has been frequently hit by wildfires in recent years due to the combination of rain and warming and drought. As a result, insurance companies have been notifying new subscribers as well as existing customers who are about to renew their insurance as astronomical money has been spent on compensation for damage.

According to the media, due to forest fires in California in 2017 and 2018, insurance companies reportedly paid for fire compensation that was comparable to the profits they had made over the past 25 years. And this led to the closure of large insurers in the region.