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![KobeissiLetter Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::3316376038.png) The Kobeissi Letter [@KobeissiLetter](/creator/twitter/KobeissiLetter) on x 946.2K followers
Created: 2025-01-12 21:45:41 UTC

Heading into the weekend, estimates of insurance losses were high, but not likely to exceed ~$10-15 billion.

Now, estimated losses are up to $XX BILLION for insurers.

This is ~60% more than the inflation adjusted value of the previous most expensive wildfire in US history.

![](https://pbs.twimg.com/media/GhHyRm7WoAAGQ64.png)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1878558996514197977/c:line.svg)

**Related Topics**
[inflation](/topic/inflation)
[insurance](/topic/insurance)

[Post Link](https://x.com/KobeissiLetter/status/1878558996514197977)