A new wildfire was reported today at 11:14 p.m. in Los Angeles County. The wildfire has been burning on private land. At this time, there is no data on the containment status of the fire and the cause has yet to be determined.

Out-of-control wildfires are ripping across parts of Los Angeles, leading to at least five deaths, burning down hundreds of buildings, and prompting more than 130,000 people to flee their homes in America's second-largest city.

The devastation from the raging fires in Southern California is only just starting to come to light, but there are already questions about how the destruction will impact homeowners insurance for all Californians.