section_path: Impact/Other effects
section_name: Other effects
paragraph_text: Other effects
  
  The Los Angeles premieres of Wolf Man, One of Them Days and Unstoppable were canceled due to the fire. The property damage caused by the fire has resulted in vast liabilities for home insurance companies. In particular, due to other insurers pulling out of the region, the California FAIR Plan had approximately $6 billion of exposure in the area covered by the Palisades Fire as of January 8, 2025. Air tankers dropped thousands of gallons of red flame retardant in the hills around Los Angeles as firefighters attempted to limit the devastation from multiple wildfires.