At least five people are dead and many more injured as several fires broke out across Southern California amid historically dry and windy conditions.

Early estimates show that the total damage and economic loss due to the Los Angeles wildfires could be between $60 billion and $130 billion.

Devastating wildfires continue to burn throughout Los Angeles and southern California. Nearly 10,000 structures have been damaged or destroyed, with more than 180,000 people displaced. Andrew Chang ex

Gov. Gavin Newsom invited President-elect Donald Trump to California to survey the destruction of the deadly Los Angeles County wildfires, penning a letter Friday asking Trump to join him in meeting with victims and firefighters.

After President-elect Donald Trump blamed Gov. Gavin Newsom for the Los Angeles County wildfires, the California leader invited the incoming president to travel to the state to meet with victims and survey the damage.

Insurance Commissioner Ricardo Lara said he's ordered insurance companies to have a one-year moratorium on insurance non-renewals and cancellations for people impacted by the Palisades and Eaton fires.

In 2019, the number of homeowners’ policies in California that were not renewed jumped by more than thirty per cent. In 2023, two giant insurers, State Farm and Allstate, announced that they would stop writing new policies for various forms of property insurance in California.

The Los Angeles wildfires could threaten California’s already unstable insurance market, which carriers have been fleeing as disasters multiply.