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The cost of the Los Angeles wildfires' damage could be at least $250 billion. Here's who pays the bills.

By Business Insider   |   8 hours ago
The cost of the Los Angeles wildfires' damage could be at least $250 billion. Here's who pays the bills.

The wildfires in Los Angeles are estimated to cost between $250-275 billion, impacting the government, insurers, and residents. The financial burden is significant, with long-term repercussions expected. Efforts to contain the fires are ongoing, but the aftermath will require extensive rebuilding and support.

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