AccuWeather’s Global Weather Center estimated $52 billion to $57 billion in preliminary damage and economic loss from the raging Los Angeles area wildfires.

“This is already one of the worst wildfires in California history,” Jonathan Porter, AccuWeather chief meteorologist, said in a statement. “Should a large number of additional structures be burned in the coming days, it may become the worst wildfire in modern California history based on the number of structures burned and economic loss.”

The losses are staggering, the center said.

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