estimate

Most of the population has also been repeatedly displaced and more than 90% of homes are estimated to be damaged or destroyed.

The plan, which has added hundreds of thousands of policyholders in recent years as insurers have pulled back from the market amid rising wildfires, has estimated losses of $4 billion from the January blazes.

The refineries account for an estimated 20% of the state’s oil refining capacity.

The biggest impact will probably be felt in Los Angeles, which has an estimated 150 transit stops covered by the bill, according to the city’s preliminary assessment.

"We are actively investigating the cause and working to restore operations; however there is currently no estimated timeline for recovery," it said at the time.