The cost of the Los Angeles wildfires' damage could be at least $250 billion. Here's who pays the bills.
With high property values, catastrophic damage, and lost economic activity, the Los Angeles wildfires could cost up to $275 billion. Here's who pays.
How the Los Angeles wildfires can increase insurance rates for all Californians
The program guaranteeing fire insurance coverage for homeowners turned down by traditional companies, known as the California FAIR Plan​, could run out of money following the devastating destruction caused by the Palisades and Eaton fires.
Los Angeles fire losses could reach $30 billion for insurers
Multiple fires raging across the Los Angeles area will cost insurers as much as $30 billion, Wells Fargo and Goldman Sachs estimated in a report released this week. After accounting for non-insured damages, the total costs will balloon to $40 billion, the report said.
Tracking the damage and devastation from the Los Angeles wildfires in maps
The Palisades Fire has been the largest in terms of burned areas. The iconic Malibu restaurant Moonshadows was completely destroyed, as was the Palisades Branch Library. The Palisades Charter High School suffered extensive damage. Here’s an analysis of the building damage with what we know now:
How to help victims of the Los Angeles wildfires
As wildfires continue to devastate Los Angeles, leaving thousands displaced and causing widespread destruction, experts urge long-term support and careful giving.
Factbox-LA Blaze Damage Likely to Be Largest Wildfire Insured Loss in US History
The Los Angeles wildfire loss estimates are critical as they underscore the escalating financial risks posed by climate-related disasters, highlighting potential implications for the insurance industry and the broader economic resilience.
Thousands of Los Angeles homeowners dropped by insurers before wildfires
Before the recent wildfires in Southern California, insurers dropped thousands of Los Angeles homeowners. CBS News MoneyWatch correspondent Kelly O'Grady has more on what that means for those trying to rebuild.
LA wildfires losses could top $30 billion for insurance industry
Wildfires that have ravaged swaths of Los Angeles could result in losses of as much as $30 billion for the insurance industry as the blazes rage on almost a week after they ignited. The new estimates from Wells Fargo & Co.
Billions of dollars in insurance set to be lost due to LA wildfires
The wildfires in Los Angeles are expected to result in billions of dollars worth of insurance losses, according to credit ratings agency Moody's.
Los Angeles wildfires could be the costliest in history
Wildfires still raging across Los Angeles County are projected to be among the costliest natural disasters in U.S. history. Early estimates of damage and economic losses total between $250 billion and $275 billion,
Chuck Todd: Rebuilding Los Angeles will (and should) be a national priority
Just days before Washington officially transitions back to the Trump era, the folks trying to plot out a successful first six ...
Los Angeles Fire Chief Says Crews 'On Edge' Amid New Wind Warning
The extreme red flag warning goes into place overnight and ends Wednesday afternoon, the National Weather Service says.
Los Angeles fire maps show updating view of where Palisades, Eaton and more fires are burning right now
Updating maps of Southern California show where wildfires, including the Palisades and Eaton fires, are burning across Los ...
Warnings of 'fast-moving fire' after Los Angeles gets brief wind reprieve: Updates
Officials are bracing for the return of fierce Santa Ana winds as they try to contain large blazes in the Los Angeles area.
Los Angeles wildfires: Returning Santa Ana winds threaten to expand deadly blazes
Dangerous Santa Ana winds are expected to return to the Los Angeles area this week, potentially fueling the growth of new and ...
Local landmarks lost and damaged by raging Los Angeles fires
As fires continue to burn through Southern California, some of the region's landmarks have been burned or destroyed by the ...
In Parts of Los Angeles, Life Carries On but Is Hardly Normal
While many Angelenos have been devastated by the fires, others in the sprawling city have had to balance helping out with ...
A ‘Particularly Dangerous Situation’ is forecast for fire-scarred Los Angeles area
Millions of Southern Californians are on edge as a final round of dangerous fire weather is forecast for the region, along ...