California Wildfires Viewed as a Major Peril by Reinsurers
Global reinsurance companies are helping to drive the California home insurance crisis with rising rates and non-renewals in wildfire zones.
July 9, 2020
Category: Wildfire
California Bill Would Force Insurers to Cover “Hardened Homes”
Californians facing the uncertainty of being denied homeowners insurance would get relief under a new bill proposed this month in Sacramento if they fire-harden their homes.
February 25, 2020
Wildfire Risk Score Becomes a Line Some Insurers Won’t Cross
If you own property in the West, do you know your wildfire risk score? It may determine if you get insurance coverage or not and how much you’ll pay.
February 5, 2020
Present-Day Disaster Preparedness
From escalated numbers of hurricanes in Florida to devastating fires and large-magnitude earthquakes in California, recent years show a striking uptick in natural disasters coast to coast.
January 20, 2020
Rise in Natural Disasters Leads to Insurance Deficits
The increasing destruction from wildfires and other natural disasters is making it harder and more costly for people to obtain the insurance they need.
January 17, 2020
High Insurance Costs Hamper Wildfire Zone Home Sales
Insurers are scaling back coverage of homes in wildfire-prone areas of California and it’s starting to impact the housing market.
January 14, 2020
Insurers Continue to Pull Out From Risky Fire Areas
After years of record-setting wildfires in both size and cost, insurers are quietly pulling back their exposure across the Western United States.
October 18, 2019
California Officials Expect Fires to Follow the Summer
With significant rainfall during the winter and spring, California officials are warning that wildfire season is just beginning.
July 18, 2019
Firefighters Look to Big Data to Help Battle Wildfires
It takes grueling groundwork to stop a wildfire, but firefighters in Southern California are hoping big data and artificial intelligence can help save lives and property.
June 26, 2019
California Readies for a New Fire Season
Officials across California are on edge about another potentially explosive wildfire season as the calendar heads towards the hot summer months.
June 18, 2019
