• last week
California races to contain two wildfires in Los Angeles, taking advantage of the easing of the Santa Ana winds which reached hurricane force earlier in the week.

Full story: https://www.rappler.com/world/us-canada/los-angeles-wildfires-updates-january-12-2025/
Transcript
00:00California races to contain two wildfires in Los Angeles, taking advantage of the easing
00:05of the Santa Ana winds, which reached hurricane force earlier this week.
00:09At least 24 have been killed in the fires, which destroyed thousands of homes and forced
00:14100,000 to evacuate.
00:16Officials say 12,000 structures have been damaged or destroyed.
00:20California Governor Gavin Newsom says the fires are likely to be the worst natural disaster
00:25in U.S. history in terms of just the costs associated with it.
00:28Private forecaster AccuWeather estimates the damage and economic loss at $135 to $150 billion.
00:36Meantime, L.A. residents are concerned about the adequacy of their insurance coverage following
00:40the devastating fires.
00:43Insurance companies face scrutiny over their ability to handle claims, with fears that
00:46some may go bankrupt and the future premiums will rise significantly.

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