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The Cost of the LA Fires: Will Insurance Cover the Devastation? | Amanpour and Company
Jan 14, 2025 #amanpourpbs
As Californians lose their homes and their livelihoods, finances will become a crucial issue for many people needing to rebuild and carry on. Bloomberg Business reporter Leslie Kaufman says this is an "existential test" for the state's insurance system. She tells Hari Sreenivasan what it might mean for Americans as we face a future of increasingly extreme weather events.
Originally aired on January 14, 2025
For once, the people paying the price are EXACTLY the people who foolishly set themselves UP for this.In 2014, Prop 1 voters approved a $7.5 billion water bond with $2.7 billion for new water storage facilities.
A full decade later, none have been completed.
Just like the $24 billion CA committed last year to eradicate homelessness, and now the money is missing and the homeless population is skyrocketing.
The Dems fully caused the hellscape that has become CA.
$2 billion Powerball jackpot winner lost one of his three multi-million dollar homes in the LA wildfires
One of at least three houses bought by a $2 billion lottery winner has been destroyed by the Los Angeles wildfires. One other home appears safe for now and the status of the third is unknown.
When he won a record-breaking $2 billion Powerball jackpot in 2023, Edwin Castro began spending that money wildly, buying (among other things) a number of homes in California. Now, at least one of those is ashes, one of many victims of the wildfires burning in Los Angeles.
More:
https://www.msn.com/en-us/money/rea...S&cvid=5aafa5ef2120485d97b2940ab27fe64c&ei=30
It was arson, all right.
But not any space radiation.
There's enough records of homeless bums and MS-13 gang members, starting fires, for cooking or for pyromania, over time. This was bound to happen - because no one wanted to put any effort into mitigation.
They WANTED this, it seems. Maybe not understanding how devastating it would be; but it is what it is.
What it is not, is space radiation. I say that not as a "denier" but because we SAW it unfold. Planes were landing, radio communications going on, everything normal as this was starting. Except, of course, the Dyke-DEI Fire Departments were slow to respond to the initial Palisades call - busy in a Pride meeting, I guess.
This was just plain fire chemistry. Nothing abnormal - not even the Santa Anna winds.
Typical forest-fire behavior.Explain why the trees didn't burn.
Most readers have seen, by now, Pondscum shucking and dancing, big smirk on his face, as he talked on-camera about speculators' interest in the burned lots and land.
Typical forest-fire behavior.
The underbrush was dead and dry.
The trees are full of moisture - sap, etc. That's an elemental part of life.
Anyone who's lived in a wooded area, understands that - and the nature of fires, especially natural fires.
LA Wildfires: How To Protect YOUR Home, Build Fire Rated House
Read FEMA publication: "Guidance on the design and construction of eaves, overhangs, and soffits in wildfire zones for new and existing buildings": https://firesafemarin.org/wp-content/...
Read the Passive House Brochure from the International Passive House Association: https://www.passivehouse-internationa...
Fire Safe Marin is a great resourceful site from Marin County, Read their Harden You Home menus articles: https://firesafemarin.org/00:00
Introduction to protecting your house from wildfires
02:01 Urban sprawl into dangerous Santa Ana windy mountains
03:45 LEarning what catches fire first on a house
04:21 Why Tom Hank's house survived the fire, but $83 million house next door did not
04:51 Austin Russel's 83 million dollar mansion burnt down
08:59 Fire entry points into the $83 million mansion that caused it to burn down
14:30 Protecting your house, roof, soffits from wildfires and embers
15:10 Fire and Ember testing different roof soffit designs
16:36 FEMA's Home Builder's Guide To Construction in Wildfire Zones
18:27 Tips on fire-resistant roofs
23:27 fire resistant windows and doors
26:32 Passive Home design house in Pacific Palisades survived the fire
30:49 5 guidelines for fireproof passive house
32:04 Tips for building a fire-resistant new house
34
Sure, not even those flammable leaves go up. But the houses are gone.
Or how about this magical blue van.