Last year was a ‘quiet’ one for wildfires. Catastrophic blazes in Canada, South Korea and LA still made it the costliest fire year in history
- Posted on June 1, 2026
- By Fortune
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- 1 min read
Last year was a ‘quiet’ one for wildfires. Catastrophic blazes in Canada, South Korea and LA still made it the costliest fire year in history
The LA fires in January 2025 alone cost $140 billion. A new study explains why fewer fires no longer means less devastation.