Market
How many homes will be destroyed by the Franklin Fire by January 15, 2025?
2
Resolution / Starting Odds
Less than 100 homes • 25%
100-499 homes • 25%
500-999 homes • 25%
1,000 or more homes • 25%
Reports from local authorities and insurance companies
Story
Franklin Fire in Malibu Forces 20,000 Evacuations, Consumes Over 2,800 Acres, 0% Contained
Dec 11, 2024, 08:38 AM
A rapidly spreading wildfire, known as the Franklin Fire, is currently threatening Malibu, California, prompting evacuation orders for approximately 20,000 residents. The fire has consumed over 2,800 acres and is reported to be 0% contained. Strong winds are exacerbating the situation, making it difficult for firefighters to control the blaze. Notable figures, including celebrities such as Cher and Dick Van Dyke, have been forced to evacuate their homes. As of December 10, the fire has expanded to cover more than 12 square kilometers, with critical fire weather conditions prevailing in the region. Local authorities are working to manage the situation, but the fire remains a significant threat to both residential areas and the environment.
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