When smoke from area wildfires billowed over the hills near Ashley Livingston-Litwin's home in Los Angeles, she quickly evacuated at local officials' orders — the first time the New Orleans
Our research finds that conditions were placed on $12 million in Katrina aid, out of nearly $122 billion.
Trump told Fox News host Sean Hannity that the feds shouldn’t give California aid unless the state changes its water policy.
A former administrator of the Federal Emergency Management Agency (FEMA) has linked the devastating California wildfires to Hurricane Katrina that destroyed much of New Orleans in 2005. Craig Fugate,
All the talk about attaching conditions to California’s federal disaster aid have placed the state’s Republican members of Congress in a quandary.
Analysts project based on preliminary estimates that the LA wildfires could be the costliest wildfire event in California, in terms of insured losses, possibly exceeding $20bn. An insured loss is the financial damage caused by an event that is covered by insurance.
Speaking on Sean Hannity’s show, Trump said, “I don’t think we should give California anything until they let the water run down,” referring apparently to a disputed narrative Trump has proffered that California’s water policies for the northern part of the state are depriving the southern half of water.
The wildfires devastating the Los Angeles area could cause up to $250 billion in economic damage, comparable to the losses from Hurricane Katrina, The Harvard Business Review writes. This escalating risk is reshaping the insurance landscape.
WASHINGTON – Southern California’s ongoing wildfires — which so far have killed 27 and burned down at least 10,000 homes — are expected to need billions of dollars in disaster