Big Take Podcast
A Wildfire Disaster and an Insurance Crisis Collide in Los Angeles
On today’s Big Take podcast: The wildfires in Los Angeles are on track to become one of the region's worst — and costliest — natural disasters.
A chimney remains standing next to a destroyed home during the Eaton Fire in Altadena.
Photographer: Michael Nigro/BloombergThis article is for subscribers only.
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Deadly wildfires in the Los Angeles area have forced nearly 180,000 residents to evacuate their homes. As they wait to learn the extent of the damage, another crisis is on the horizon: whether private and state-funded insurance can handle a disaster on track to be one the worst in the region’s history.