Los Angeles wildfire may have caused damage worth $57 billion, one of US' costliest disaster: Report

Jon PorteraccuWeather Chief Meteorologist

This is already one of the worst wildfires in California history,

said Jonathan Porter, AccuWeather’s chief meteorologist

Jon PorteraccuWeather Chief Meteorologist

Should a large number of additional structures be burned in the coming days, it may become the worst wildfire in modern California history based on the number of structures burned and economic loss,

AccuWeather Chief Meteorologist Jonathan Porter said

We expect a majority of the losses to be related to homeowners' coverage and a significantly lesser amount to commercial,

they added

AccuWeather experts estimate the total damage and economic loss from the windstorm and wildfires in Southern California is between $52 and $57 billion,

Porter added