
Property Damage Estimated At Between $28B-$53.8B; Full Recovery Will Take At Least Until 2029
UPDATED with latest: Last month’s Palisades and Eaton wildfires caused between $28 billion and $53.8 billion in property damage, with business disruptions projected to result in economic losses of up to $8.9 billion in Los Angeles County alone over the next five years, according to a study published today. There’s a large delta between $28…