Fitch is out saying:
Sgnificantly wide estimates for insured losses related to California fires with a range between $10 billion and $30 billionEstimates for total economic losses related to California fires range between $150 billion-$275 billionWith disasters, there is the dip in economic activity and then the recovery from the rebuild over time. However, no mistake about it this is a huge number and it is still ongoing.
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