Colorado lawmakers have reshaped a key piece of wildfire insurance legislation, House Bill 1302, shifting the financial burden for reinsurance funding from utility companies to homeowners.
Tag: wildfire
Rebuilding Fire-Impacted Communities: Expert Strategies for Safer Design
Wildfires have once again left a lasting impact on Southern California, reducing entire neighborhoods to ash and prompting critical discussions on how to rebuild in a way that prioritizes safety.
Wildfire Recovery in L.A. Stalls as Insurers Pull Back on Coverage
The aftermath of the recent wildfires in Los Angeles, particularly in the Pacific Palisades area, has left displaced residents facing significant challenges in rebuilding due to insurance constraints.
Insurance Industry Pushes for Passage of Wildfire Prevention Legislation
As the risks of catastrophic wildfires grow, major insurance trade groups are urging lawmakers to act decisively. Several associations sent a joint letter supporting the reintroduction of the Fix Our Forests Act (H.R. 8790) to strengthen wildfire prevention efforts.
Closing the Gap: Solutions to Address Wildfire Insurance Challenges in California
As wildfires become a growing threat in California, many residents face an uncertain future regarding home insurance. Recent legislative efforts aim to provide relief and address the challenges posed by a strained insurance market in fire-prone areas.
Update on California Wildfires
Firefighting aircraft bombarded steep hillside terrain with water and retardant Saturday to try to halt the eastward march of the Palisades wildfire, which has now burned more than 22,000 acres (8,900 hectares), officials said.
Oregon Implements Tough New Building Codes for Homes in High Wildfire Zones
Oregon unveils new wildfire hazard maps that impose stricter building codes and vegetation management requirements for homeowners in high-risk areas.
Los Angeles Residents Scramble to Evacuate as ‘Life-Threatening’ Winds Intensify
A fast-moving wildfire broke out in the Los Angeles hillsides on Tuesday, pushing residents to evacuate as powerful winds fanned flames across dry brush.
California Mandates Insurers Cover Fire-Prone Areas Amid Wildfire Risks
California is taking a historic step to address its insurance crisis in wildfire-prone areas. Under a new state regulation announced recently, insurers withdrawing from high-risk zones must return if they wish to continue doing business in the state.
New York and New Jersey Face Record Wildfire Threat
As the Jennings Creek wildfire continues to burn across New York and New Jersey, authorities report that the massive blaze is only 20% contained.