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AccuWeather releases a preliminary estimate of the total physical and economic losses caused by the ongoing

January 2025 Southern California wildfires — AccuWeather releases a preliminary estimate of the total physical and economic losses caused by the ongoing wildfires in Southern California of between $250–275 billion, a figure a

Published January 13, 2025· Updated October 28, 2026·1 min read

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Context: January 2025 Southern California wildfires.

AccuWeather releases a preliminary estimate of the total physical and economic losses caused by the ongoing wildfires in Southern California of between $250–275 billion, a figure attributed to exceptionally high property values in and near Santa Monica, which would surpass their estimates of the costs of the entire 2020 United States wildfire season as well as Hurricane Helene in 2024. [https://www.nbcnews.com/weather/wildfires/live-blog/california-wildfires-live-updates-santa-ana-winds-continue-rcna187351 (NBC News)]

Event summary via Wikipedia Current Events (2025-01-13).