As the fires continue to burn in parts of southern California, industry analysts are predicting insured losses from the Freeway Complex, Sayre and Tea Fires will range from $600 million to $800 million. Catastrophe risk modeling firm AIR Worldwide estimates that total insured losses will likely be in that range. These estimates include damage to or destruction of primary structures, their contents, and estimated additional living expenses for residential policies or business interruption for commercial properties.