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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (210183)	1/13/2025 5:52:58 PM
From: Pogeu Mahone	Read Replies (1) \| Respond to of 218152

According to recent reports, the cost of wildfire damages in Los Angeles is estimated to be between $135 billion and $150 billion due to the current devastating fires, potentially making it one of the costliest natural disasters in U.S. history; this figure includes damage to property, infrastructure, and economic losses from the widespread destruction. Key points about the Los Angeles wildfire costs: Significant destruction: The fires have destroyed thousands of structures and impacted densely populated areas with high-value real estate, contributing to the high cost. Major fires: The "Palisades Fire" and "Eaton Fire" are considered the primary contributors to the massive damage. Insurance implications: Analysts predict substantial losses for insurance companies due to the scale of the destruction. ======================= fortune.com Three-fourths of homeowners may not have enough insurance to fully cover losses after a disaster, study says BY Jason Ma January 11, 2025 at 4:51 PM EST An estimated 7,000 structures have been damaged or destroyed by the Eaton Fire in Altadena, California. Justin Sullivan—Getty Images As wildfires ravage the Los Angeles area, thousands of homes have been lost, putting insurance coverage in the spotlight. But a study of a 2021 wildfire in Colorado suggests most homeowners are underinsured. Wildfires ravaging the Los Angeles area have destroyed thousands of homes, but a recent study suggests three-fourths of homeowners don’t have enough insurance to recoup all their losses after a disaster.