The increased number and severity of wildfires increase has led to a sharp rise in insurers' decisions not to renew policies in California.      

Topics:  california   wildfire   
BING NEWS:
  • California moves to expand insurance options in wildfire-prone areas
    California’s insurance department is throwing what could be a lifeline to homeowners in fire-prone areas after announcing new regulations aimed at expanding coverage options. The rule change was ...
    12/16/2024 - 6:00 pm | View Link
  • California Lets Insurers Price Climate Risk, Sparking Cost Fears
    California adopted a rule that aims to bolster access to home insurance in the state, after several major carriers retreated from the market amid growing risk of wildfires.
    12/16/2024 - 4:33 am | View Link
  • Insurers are fleeing California due to wildfires. But this startup plans to work with the riskiest homes
    Stand insures properties that face wildfire risk from climate change—and uses AI modeling to suggest changes so they're less likely to burn.
    12/16/2024 - 12:00 am | View Link
  • California utilities’ wildfire projects burn through ratepayer money
    Customers have shouldered a hefty price for wildfire safety measures. From 2019 through 2023, the California Public Utilities Commission authorized the three largest utilities to collect $27 billion ...
    12/11/2024 - 8:57 am | View Link
  • Nearly 118,000 SDG&E customers at risk of power shutoffs due to wildfire risk
    The San Diego Gas & Electric Company has announced that about 115,000 customers might have to turn off their power this week to reduce wildfire risk due to extreme fire weather conditions.
    12/9/2024 - 6:34 am | View Link
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