California Fire Damage Estimated at $25.4 Billion

Firefighters spray water on a home damaged during a brush fire in Los Angeles on Oct. 28, 2019.
Photographer: Patrick T. Fallon/Bloomberg

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By Nic Querolo and Brian K Sullivan

October 28, 2019 at 9:06 PM UTC

Corrected

October 29, 2019 at 2:36 PM UTC

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Damages from the fires ripping across California could run as high as $25.4 billion, and the risks are bound to keep rising.

The Kincade fire cost could be $10.6 billion, while the tally in Southern California could reach $14.8 billion mainly from the Tick, Getty and Saddle Ridge blazes, according to Chuck Watson, disaster modeler at Enki Research in Savannah, Georgia.