Costliest Large-Loss Fires of 2012
The costliest fire of 2012 was the Waldo Canyon Fire in Colorado, according to a report released by the National Fire Protection Association (NFPA). The damage caused by the fire exceeded $450 million. According to the report, the fire burned 18,247 acres and 346 structures over 18 days.
Large-loss fires are defined as an event that results in property damage of at least $10 million. Of the 18 large-loss structure fires in 2012, many were started in commercial facilities, including a vehicle parts plant, printing plant, party goods store, automobile dealership, and a food storage warehouse.
Prevent Fires in Your Facility
The NFPA encourages facility managers to follow fire codes and standards in order to avoid future large-loss fires.
Facility managers may also be interested in learning about:
Top 10 Costliest Large-Loss Fires of 2012
| Incident and location | Loss amount |
|---|---|
| Wildfire / Colorado | $453.7 million |
| Submarine in dry dock / Maine | $400 million |
| Wildfire / Colorado | $113.7 million |
| Printing plant / Pennsylvania | $75 million |
| Paper mill / Minnesota | $50 million |
| Vehicle parts manufacturer / Georgia | $50 million |
| Metal product galvanizing plant / Illinois | $30.5 million |
| Single-family residence / Pennsylvania | $25 million |
| Party supply store / California | $25 million |
| Electrical transformers / Massachusetts | $2 million |
| Total | $1.245 billion |
For the full report, visit the NFPA website.