As the California fires burn, experts say firefighters can only do so much in extreme conditions. Instead, people must understand that homes are the fuel in these disasters.

Analysts at Goldman Sachs warn that the recent fires in Los Angeles County could become the most costly in California's history. Losses might reach up to $40 billion, placing these fires among the 20 most expensive natural disasters in the U.

Analysts at Goldman Sachs warn that the recent fires in Los Angeles County might become the most costly in California's history. Losses could reach up to $40 billion (€38 billion), making it one of the 20 most expensive natural disasters in the US relative to GDP.

A recent rule change could cause a spike in insurance premium for homeowners across California, as the costs of the Los Angeles area wildfires are passed onto them in a way that was not allowed in the past.

The devastating wildfires burning in Southern California could have financial ramifications for residents across the state.

The wildfires sweeping through Los Angeles County communities have destroyed at least 10,000 homes so far and more are in the path of still-uncontrolled flames.

It's a little bit more appropriate, I suspect." California Governor Gavin Newsom last week invited Trump to visit the area, saying people should not "politicize human tragedy or spread disinformation from the sidelines".

President-elect Donald Trump said Saturday that he will "probably" travel to California next week to view the devastating wildfires in Los Angeles County.

Meteorologists said there was a chance the winds would be as severe as those that fueled the Palisades and Eaton fires, but that different locations would likely be affected.

Wildfires fueled by strong Santa Ana winds have devastated Southern California, destroying thousands of homes and causing 27 deaths. The fires, affecting urban areas and the Olympic preparation, are worsened by climate change and urban expansion.