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

2 days ago 5

Total damage 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…

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