U.S. insurance stocks slid on Friday as analysts estimated insured losses from the wildfires menacing Los Angeles could reach as high as $20 billion, potentially making it the costliest disaster in California's history.

The most destructive wildfires ever for Los Angeles may cause billions of dollars in insured losses, ratings agencies said on Thursday, though many homes are likely uninsured. The wildfires burning in the Pacific Palisades,

The Los Angeles wildfires are now expected to exceed $20B, J.P. Morgan analyst Jimmy Bhullar estimated Thursday, doubling his estimate from a just a day earlier. "Since yesterday morning, the Los Angeles area wildfires have worsened,

Actor Jamie Lee Curtis, one of many Hollywood celebrities who lived in the California neighborhoods ravaged by wildfires this week, said on Thursday her family would donate $1 million to relief efforts.

Actor Jamie Lee Curtis offered the money to aid in battling the Palisades fire. Actor Jamie Lee Curtis, one of many celebrities who had to flee this week’s wildfires in California, said on Thursday her family would donate $1 million to relief efforts.

Jamie Lee Curtis has announced that she and her family are making a large donation to relief efforts as fires continue to ravage Los Angeles.