$164 Billion in Losses: How the 2025 LA Wildfires Are Reshaping the Economy

In January 2025, Los Angeles faced one of the most devastating wildfire events in its history, with the Palisades and Eaton Fires burning over 55,000 acres and resulting in the loss of more than 16,240 structures. The economic ramifications of these fires are staggering, with estimates indicating total property and capital losses between $95 billion […]