LA wildfires caused up to $53.8 billion in property damage, new report says
California Wildfires,Wildfires,Los Angeles,Karen Bass,Homeowners Insurance,Business,Economy And Jobs,Restorative Justice,Environment
Property damage from the January wildfires in Los Angeles County, including the Eaton and Palisades fires, is estimated at between $28 billion to $53.8 billion, according to a report published Thursday.
The report commissioned by the Southern California Leadership Council and the LA County Economic Development Corporation studies a broad range of economic impacts of two of the most destructive wildfires on record in California. The report examines destruction and economic loss caused by the fires and offers data-driven recommendations to guide recovery efforts...