Club & Resort Business – September 19, 2018
The Carlsbad, Calif. property was targeted in a suit by Axis Insurance to try to recover $125 million paid out in claims after the devastating 2014 Poinsettia fire. The suit blamed resort management for causing the fire, which is believed to have started in native vegetation near a concrete cart path close to the seventh fairway of one of LaCosta’s golf courses. The Poinsettia Fire was the second most destructive of the 2014 San Diego County wildfires, causing a fatality in addition to extensive property damage.
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