LA wildfires destroy over 10k structures, insured loss seen at ~$20bn

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Reinsurance News - Jan 10, 2025

The Los Angeles County wildfires are still burning and have now destroyed more than 10,000 structures, according to the Cal Fire authority, with insurance industry loss estimates still ranging from $10 billion to $20 billion, or higher if the fires continue to spread. Five fires continue to burn acr...

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