It's estimated the damage from the Southern California wildfires will cost up to $45 billion to remedy. That's according to two analytic firms, Verisk and CoreLogic, which calculated property losses covered by insurance in the Palisades and Eaton fires.

The company is seeking rate increases of up to 22% for non-tenant homeowners, 15% for renters and condominium owners, and up to 38% for rental dwellings. Non-tenant homeowners are investors who don’t live in the property they own.

Reps. Laura Friedman, D-Burbank, and Judy Chu, D-Pasadena, were joined by Reps. Brad Sherman, D-Sherman Oaks, and George Whitesides, D-Santa Clarita, and Pasadena city officials during a Monday, Feb. 3, press conference outside Pasadena City Hall in calling for the task force.