With high property values, catastrophic damage, and lost economic activity, the Los Angeles wildfires could cost up to $275 billion. Here's who pays.

Containing wildfires—never mind extinguishing them—in parched and windy conditions can be monstrously difficult. Dry vegetation is rocket fuel for blazes and wind both feeds the flames and spreads the embers. “The winds are like pointing an air blower at a fireplace,” says Gershunov, “except it’s not contained and it’s on a much larger scale.”

The Palisades Fire has been the largest in terms of burned areas. The iconic Malibu restaurant Moonshadows was completely destroyed, as was the Palisades Branch Library. The Palisades Charter High School suffered extensive damage. Here’s an analysis of the building damage with what we know now: