Verisk, a global data analytics company, estimates insured losses from the Palisades and Eaton wildfires could total between $28 billion and $35 billion. Local authorities said around 12,000 structures were destroyed and between two and three dozen victims were killed.

California researchers made a grim discovery earlier this month when ash and debris from the Los Angeles fires were found floating far offshore in the Pacific Ocean. Plumes of dark smoke and detritus,