Officials say the two biggest wildfires ravaging the Los Angeles area this week have burned at least 10,000 homes, buildings and other structures

An analysis by J.P. Morgan estimates that the insured losses from the Southern California wildfires could exceed $20 billion and push overall economic losses to $50 billion.

FOX Corporation has donated $1 million to the American Red Cross’ California wildfires relief efforts and encourages everyone to donate to their relief efforts, as well.

Leaders at Nexstar Media are coming together to assist those impacted by the wildfire in California. Nexstar has partnered with the American Red Cross to create a donation page to help provide relief to those impacted by the fires in Southern California.

As wildfires continue to sweep across Southern California, the FOX Corporation is encouraging viewers to help the Red Cross provide relief.