https://www.dailymail.co.uk/news/article-14275087/LA-fires-hit-American-pocket-live-near-California.html
Why LA fires will hit almost every American in the pocket even if you live nowhere near California
01:47
EST 12 Jan 2025, updated 06:44 EST 12 Jan 2025
While it's still too early for an accurate tally of the financial toll, the losses so far likely make the wildfires the costliest ever in the U.S., according to various estimates, leaving behind devastation that will ripple far beyond California's borders.
With tens of thousands of displaced LA residents who have lost all but the clothes they were wearing, plus a few select personal items, insurance companies will be on the hook for colossal payouts.