Los Angeles Wildfires: A $275 Billion Blaze

Los Angeles grapples with historic wildfires, claiming over 25 lives and decimating 12,000+ structures. Estimated damages soar between $250-275 billion, eclipsing the 2018 Camp Fire. Fueled by hurricane-force Santa Ana winds and prolonged drought, experts cite climate change as the culprit, aligning with public concern. As recovery kicks off, the financial strain impacts governments, insurers, and residents alike, with rising construction costs and consumer prices on the horizon. Stay safe as firefighters battle these fiery foes!