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The LA county wildfires could be the costliest in US history, early estimates say

  • The wildfires in Los Angeles County could become the most expensive in U.S. History, with damage estimates between $135 billion and $150 billion according to a preliminary estimate by AccuWeather.
  • The fires have killed at least 11 people and destroyed over 12,000 structures since they began, impacting high-value properties in the area.
  • AccuWeather's chief meteorologist, Jonathan Porter, stated that this disaster is significant and the full extent of the destruction is still being assessed.
  • Both Moody's and Aon PLC have predicted that the Los Angeles County wildfires will likely be the costliest in U.S. History due to their impact on densely populated areas.
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TVA Nouvelles broke the news in Montreal, Canada on Wednesday, January 8, 2025.
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