A new fire — the Kenneth Fire — erupted Thursday afternoon, so far spreading across 960 acres in Los Angeles and Ventura counties. The California Department of Forestry and Fire Protection says that blaze is 0% contained.

The intense water demand resulting from the Palisades Fire has led Los Angeles to issue a boil water warning. The only zipcode impacted is 90272, and nearby North of Vicente. City officials have warned that the fires are leading to ash integrating into the water system and that further warnings could be issued .

Officials say the two biggest wildfires ravaging the Los Angeles area this week have burned at least 10,000 homes, buildings and other structures

An analysis by J.P. Morgan estimates that the insured losses from the Southern California wildfires could exceed $20 billion and push overall economic losses to $50 billion.