Fire damage estimate at $150 million

Damage estimates top $150 million, according to California Insurance Commissioner Steve Poizner, who said damage assessment and a fraud enforcement teams are at work on the Angora fire.

At a 1 p.m. news conference in South Lake Tahoe, California Gov. Arnold Schwarzenneger praised firefighters on the front lines of the Angora Fire and assured visitors that it is still safe to come to Lake Tahoe.

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