Economic losses and damage are an estimated $135 billion and $150 billion, the costliest fire event in US history. Hurricane Helene in six states last fall caused up to $250 billion in damage.

Before one of the most destructive fires in California history swept through, the Pacific Palisades neighborhood on Los Angeles' west side was filled with expensive homes fronted by green, well-tended landscaping and popular boutiques and cafes.

Fierce wildfires are raging in the Los Angeles area, with fast-moving flames burning through homes and businesses. Residents are fleeing smoke-filled canyons.

Los Angeles County District Attorney Nathan Hochman outlines plans to arrest, prosecute, and punish looters during the wildfire crisis on ‘Your World.’

The devastating blazes have killed at least 11 people and incinerated more than 12,000 structures since Tuesday.

With strong winds, dry conditions and no immediate end in sight, analysts project total economic losses of $50 billion to $150 billion.

T he fires that are burning through southern California may be shocking, but they are not surprising. Anyone who lived in the Hollywood Hills was aware of the danger. And for anyone who forgot, their annual insurance renewal provided a reminder at considerable expense.

Fox News host Laura Ingraham calls out liberals' response to the California wildfires on 'The Ingraham Angle.'

The destruction caused by the Los Angeles-area wildfires, possibly the worst ever in California, is almost certain to rank as one of the most costly natural disasters in U.S. history, with the total economic toll well into the tens of billions of dollars.