Palisades and Eaton fires start coming under control as fierce winds ease but forecasters predict another red flag warning for Monday
- Full report: 11 killed and 10,000 structures destroyed as blazes continue
- After the fire, the insurance battles: new ordeals to come
- Fleeing the LA fires alone on a wheelchair: ‘I had to take my chances’
- Californians: have you been affected by the wildfires?
Private forecaster AccuWeather has estimated the damage and economic loss at $135bn to $150bn, portending an arduous recovery and soaring homeowners’ insurance costs, Reuters reports.
California Insurance commissioner Ricardo Lara called on insurers on Friday to suspend pending non-renewals and cancellations that homeowners received before the fires began and to extend the grace period for payments.
This is not going to be over, even when all the fires are out, it’s just going to be beginning … so we’re going to be around a long while to help.
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