Insurance experts fear the Los Angeles wildfire disaster could push up premiums in Australia - and there isn't much we can do about it.
The fires, which have destroyed thousands of structures and are still active, are already estimated to be one of the costliest natural disasters in US history, particularly given the value of many properties destroyed in high-income areas.
One estimate several days ago put the prospective damage bill at up to US$150 billion (about $242.4 billion).
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