Is the threat of wildfires making parts of California uninsurable?
The Los Angeles wildfires could be the US鈥檚 most expensive natural disaster ever. And with thousands of homes destroyed, the blazes have also highlighted a huge insurance crisis which has been growing in recent years. It's affecting California and other parts of the United States vulnerable to climate-related natural disasters like fires, floods and storms.
Lexy O鈥機onnor has been meeting some of those affected.
This audio is taken from an episode of Business Daily.
(Picture: The sun sets behind a house reduced to rubble by the Eaton Fire in Altadena, California, on January 13, 2025. Credit: Getty Images)
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