LA county wildfires are likely the costliest in US history

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The wildfires that erupted this week across Los Angeles County are still raging, but already are projected to be among the costliest natural disasters in U.S. history.

The devastating blazes have killed at least 11 people and incinerated more than 12,000 structures since Tuesday, laying waste to entire neighborhoods once home to multimillion-dollar properties.

While it’s still too early for an accurate tally of the financial toll, the losses so far likely make the wildfires the costliest ever in the U.S., according to various estimates.



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