LA fires could hit $50 billion or more in damages. They're shaping up to be the most expensive in state history.

LA fires could hit $50 billion or more in damages. They're shaping up to be the most expensive in state history.

Nick Ut/Getty Images

The Los Angeles wildfires could cost between $52 billion and $57 billion in damages and economic losses, according to a preliminary estimate from weather forecasting service Accuweather.

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