Multiple wildfires are raging in Los Angeles, fueled by dry conditions and strong winds. The fires have scorched over 5,000 acres, destroyed over 1,000 structures, and left nearly 300,000 customers without power. Smoke from the blazes has led to hazardous air quality in several areas. Experts predict insured losses could exceed $10 billion, potentially rivaling the economic impact of the 2018 Camp Fire.
has already burned through more than 5,000 acres and destroyed over 1,000 structures, while the Eaton Fire has burned 2,227 acres and the Hurst Fire has affected 500 acres.by a combination of dry conditions and powerful winds and are having a huge effect far beyond the danger zones, with almost 300,000 energy customers in the dark this morning, according to PowerOutage.com.
The report’s authors caution that the figure could change, but note that “the 2018 Camp fire in Butte County, CA caused economic losses of about $15 billion and insured losses of roughly $10 billion .” However, the Pacific Palisades area is a very affluent region of Los Angeles County and, according to the J.P. Morgan analysts, has a median home price of more than $3 million, compared to Butte County’s $500,000.If not, a small amount of preparation can make a huge difference in the event that things change. And, again, don’t wait to be ordered to evacuate if you feel you’re at risk.
“Firefighters are still working diligently to contain the fire and protect structures in the affected area,” a 9 a.m. local time Cal Fire update said.NBC News’ Liz Kreutz reports from Malibu on the devastation created by the out-of-control wildfires that are destroying parts of Southern California., Vice President Harris said she has been briefed on the fires and is urging residents to listen to local officials.
Wildfires California Destruction Power Outages Air Quality Insured Losses
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