Wildfires have decimated more than 40,000 acres of the Los Angeles metropolitan area over the last week, charring more than 12,000 structures, displacing over 150,000 residents and leaving at least 25 people dead.

Since multiple fires ignited across various communities in Los Angeles County last week, tens of thousands were forced to evacuate, more than 12,000 homes were destroyed or damaged and at least 24 people have been killed.

California's largest homeowner insurer, State Farm, is offering renewals to policyholders in areas affected by the fires.

In light of the ongoing devastating wildfires in california, the insurance industry has again been brought front and center. And while wildfires aren’t the big