Category: Wildfire

NAIC: 8 ways to reduce the risk of climate-change losses

Industry Insights from Bender Insurance Solutions CDI Takes Major Step Toward Insurance Reform with New Wildfire Risk Model Approval

The National Association of Insurance Commissioners (NAIC) reports that three out of four homeowners are at risk of becoming the victims of a severe weather event, but more than half of homeowners fail…

Learning to live with fire: Takeaways from UN’s wildfire report

The number of wildfires is projected to increase up to 14% worldwide by the end of this decade and continue to grow steadily over subsequent decades; up to 30% by 2050 and…

PG&E Equipment Blamed for Dixie Fire

The Pacific Gas and Electric utility company is to blame for the Dixie Fire, which ravaged swaths of Northern California last summer, after a tree fell on electrical distribution lines that it…