California wildfires are causing estimated damages of $52-$57 billion, with at least five fatalities and over 1,000 structures destroyed. The fires are primarily affecting areas from Santa Monica to Malibu, posing significant risks to residents and businesses. Many residents lack property insurance due to high risks in the area. The situation is evolving, with potential for further damage as fires spread. Teljes cikk (Euronews.com)