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October 25, 2007 at 08:34 PM
Life and health insurers are mobilizing to help the 500,000 Southern California residents displaced by the recent outbreak of wildfires.
The Pacific Life Foundation, a charity affiliated with Pacific Life Insurance Company, Newport Beach, Calif., is giving $500,000 to the American Red Cross Southern California Wildfires Fund.
The Blue Cross of California Foundation, Thousand Oaks, Calif., an affiliate of WellPoint Inc., Indianapolis, is donating $50,000 to the American Red Cross wildfires fund.
The Red Cross will be using the donations to provide shelter, food, counseling and other assistance for the people who have been forced to leave their homes.
“The displacement of families caused by these fires is unprecedented and requires a rapid response by the public and private sectors to assist our employees and neighbors in coping with this tragedy,” Bob Haskell, president of the Pacific Life Foundation, says in a statement.
