Virtual Meeting Regarding Home Hardening and Wildfire Catastrophe Modeling in Ratemaking

Source

Authors

California Department of Insurance (CDI)

Published

2020

Description

California State Insurance Commissioner Ricardo Lara convened a virtual meeting with fire and home-hardening experts as well as wildfire catastrophe modeling experts in December 2020 changes to incentivize mitigation measures in the state. Experts in the field of wildfire science discussed regulatory actions in insurance that can reduce the risk of wildfire spread while also helping to stabilize the insurance market in rural and WUI areas of California. The meeting also examined the manner in which catastrophe modeling aligned with wildfire mitigation can reduce the spread and risks of future wildfires.

Climate Impact Tags

Wildfire

Adaptation Planning Guide Phases

Phase 3: Define Adaptation Framework and Strategies

Resource Type Tags

Planning and policy guidance

Topics

Extent: California

60 Views

Last updated: June 18, 2024