How much will it cost to compensate Hermits Peak-Calf Canyon Fire victims?

An independent actuarial report released earlier this month calculated that it will cost more than $5 billion for the federal government to compensate victims of the state's biggest-ever wildfire. See a breakdown in costs below.

"Risk reduction" losses are not calculated because the Hermits Peak-Calf Canyon Fire claims office has not yet established a way to pay those losses, according to the report.
Chart: Patrick Lohmann (Source NM)Source: Strategic Technology Institute, Inc.Get the dataEmbed Created with Datawrapper