Los Angeles is reeling from the most destructive wildfires in its history, and firefighters are struggling to contain the devastating blaze.

A fast-moving series of fires beginning Jan. 7 has devastated areas of Southern California, causing thousands of residents to have to flee their homes — including many stars, such as Mel Gibson, Milo Ventimiglia,

The state’s plan to fix the insurance crisis had barely rolled out when the Los Angeles fires began. Can the market recover and stabilize?