LA wildfires now projected to cause up to $45bn of insured losses

Gavin SouterJanuary 17, 2025
Firefighters battle the Eaton fire as its burns in Sierra Madre, east side of Los Angeles, California, Wednesday, Jan. 8, 2025
Firefighters battle the Eaton fire as its burns in Sierra Madre, east side of Los Angeles, California, 8 January 2025. Credit: Ringo Chiu/Shutterstock

The Eaton and Pacific Palisades fires in Los Angeles will likely cause between $35bn and $45bn in insured losses, according to a preliminary estimate from catastrophe modelling company CoreLogic.
Estimated losses have continu...

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Gavin SouterJanuary 17, 2025
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