California regulators Wednesday disclosed which areas of the state insurers will have to cover if they want to take advantage of financial incentives intended to resolve the homeowners’ insurance crisis.
Tag: insurance and wildfires
Wildfire-Predicting Startup Kettle Tries to Help Insurers Cope with Climate Change
Climate change is making California’s fire seasons more severe, but the conditions that lead to any single fire remain consistent: dry weather, overgrown brush, wind speed, and wind direction. Private companies and public agencies are racing to develop technology to monitor these conditions, in the hopes of understanding how wildfires spread—and predicting them before they… Continue reading Wildfire-Predicting Startup Kettle Tries to Help Insurers Cope with Climate Change