February 5, 2025
Fires in Los Angeles became the most expensive US catastrophe after Hurricane Katrin thumbnail
Economy

Fires in Los Angeles became the most expensive US catastrophe after Hurricane Katrin

According to the highest assessment of the University of California’s economists in Los Angeles, only hurricane Katrina, which swept over the new Orlean in 2005, is inferior to forest fires.”, – WRITE: epravda.com.ua

According to the highest assessment of the University of California’s economists in Los Angeles, only hurricane Katrina, which swept over the new Orlean in 2005, is inferior to forest fires. Bloomberg writes about it. According to the new report, the economic losses from the fires that have swept away from Los Angeles in January ranging from $ 95 to $ 164 billion, which potentially makes fires the second costly disaster in US history. The fires that broke out on January 7 took away at least 29 people, they have charred more than 15,000 hectares and destroyed 16,000 buildings, including 11,000 family homes. Advertising: It is reported that the insured losses are estimated at $ 75 billion. The catastrophe will reduce the gross domestic product of Los Angeles by $ 4.6 billion, or about 0.5%, in 2025. Recall: KCC, which is dealing with disaster risk, estimates insurance losses from forest fires in Los Angeles in the amount Angeles is estimated at $ 52-57 billion.

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