Closing the Gap: Solutions to Address Wildfire Insurance Challenges in California

High temperatures have caused severely dry plant life in Southern California and the results are wildfires as viewed from photographers home

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.

California Mandates Insurers Cover Fire-Prone Areas Amid Wildfire Risks

The valley can be seen from various viewpoints along the trail as it climbs to the ridgeline of the hills surrounding the valley

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.

California Weighs Overhauling Utility Regulator After PG&E Bankruptcy

Evening power station

Gov. Gavin Newsom is considering overhauling California’s regulator of power and water companies as he and other state leaders race to prepare for another wildfire season. Mr. Newsom, a Democrat, discussed the idea at a meeting with legislative leaders and analysts from S&P Global Ratings in his office last week, according to people with knowledge… Continue reading California Weighs Overhauling Utility Regulator After PG&E Bankruptcy

Verizon Apologizes for Throttling Fire Department’s Data During Wildfire

Maui wildfires

Verizon on Friday apologized for throttling the data speeds for a fire department as it was battling the largest recorded wildfire in California’s history. “In supporting first responders in the Mendocino fire, we didn’t live up to our own promise of service and performance excellence when our process failed some first responders on the line,… Continue reading Verizon Apologizes for Throttling Fire Department’s Data During Wildfire