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The 25th named storm of the year may become the 10th named storm to impact the US this year.
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The 2020 figure tops the 1.96 million-acre high of 2018, when fires cost the industry around $18bn.
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The latest offering comes roughly four months after Fidelis’ first Herbie Re deal.
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The fire is threatening 22,310 acres and has destroyed or damaged key wineries in Napa Valley.
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The estimate includes claims from four hurricanes: Hanna, Isaias, Laura and Sally.
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The president and CEO urges wordings precision to avoid cyber-related litigation.
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EMC and Church Mutual turn back to reinsurers after devastating wind losses.
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Structures damaged or destroyed include the Meadowood Napa Valley resort and Medieval-style winery Castello di Amorosa.
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The Glass Fire has destroyed the Chateau Boswell winery to the north of St Helena, California, CNN reported.
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All three fires are prompting evacuation orders in Napa and Sonoma counties.
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Total insured losses are well up on 2019, but the severity of individual blazes is not likely to impact reinsurers extensively.
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The National Flood Insurance Program is expected to take $400mn-$800mn of losses.