A new wildfire was reported today at 4:24 a.m. in Los Angeles County. The wildfire has been burning on private land. Currently, there is no data indicating the containment progress of the fire and its cause remains undetermined.

New report on losses from 2025 Los Angeles Wildfires includes recommendations to accelerate recovery and build long-term wildfire resilience.

California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfires.

Reinsurance company Swiss Re said on Thursday that claims from wildfires in Los Angeles would be less than $700 million and would impact its first quarter results, the latest European reinsurer to disclose a hit from the January blaze.

Swiss Re AG said it expects claims from the Los Angeles wildfires to be under $700 million, as the reinsurer saw net income rise to $3.2 billion in 2024.