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Economic loss from California wildfires could reach $52-57B: Report

3 28
09.01.2025

Total damages from the devastating wildfires scorching Southern California could amount to between $52 billion and $57 billion in economic losses, according to a new analysis.

The estimate, issued by AccuWeather's Global Weather Center, accounts for both direct and indirect impacts of the storm and includes both insured and uninsured losses. Some such costs relate to property, wages, crops, infrastructure, supply chains and travel, per the report.

Also included are evacuations, cleanup, emergency management and........

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