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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California wildfires could be most expensive in US history
The wildfires that have devastated the Los Angeles area are projected to carry an economic cost of up to $150 billion, with residents navigating an increasingly difficult insurance market as firms shy away from the risk of frequent natural disasters. We take a closer look. Also in this edition: Bangladesh's garment industry is on the rebound, but workers say their lives are as hard as ever.
·France
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Fires in California could be the most expensive in U.S. history
The fires that erupted this week in Los Angeles continue to burn, but are already projected as one of the most costly natural disasters in U.S. history.
·Los Angeles, United States
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Total News Sources214
Leaning Left31Leaning Right35Center46Last UpdatedBias Distribution41% Center
Bias Distribution
- 41% of the sources are Center
41% Center
L 28%
C 41%
R 31%
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