Economic Toll of Los Angeles Fires Goes Far Beyond Destroyed Homes

Researchers have compiled data on the economic fallout of climate-fueled natural disasters over weeks, months, and years, with the ongoing fires in Los Angeles expected to be among the costliest due to the unique urban setting. Estimates of insured losses are reaching $30 billion, with 12,000 structures damaged, potential long-term health effects, and the need for infrastructure repair and reconstruction adding to the economic impact.

Full Article