Current location:Global Gestures news portal > business
Growing wildfire risk leaves states grappling with how to keep property insurers from fleeing
Global Gestures news portal2024-05-01 03:48:35【business】4People have gathered around
IntroductionBOISE, Idaho (AP) — Months after a catastrophic fire burned more than 2,200 homes in Hawaii, some pr
BOISE, Idaho (AP) — Months after a catastrophic fire burned more than 2,200 homes in Hawaii, some property owners are getting more bad news — their property insurance won’t be renewed because their insurance company has deemed the risk too high.
It’s a problem that has played out in states across the U.S. as climate change and increasing development has raised the risks of wildfires and other natural disasters damaging communities. Insurance providers, state regulators and researchers are grappling with how to keep the insurance companies in business while keeping residents and their properties insured and protected.
“I think most of the insurers, you know, I’m very grateful that they’re committed to the Hawaii market, so we haven’t seen wholesale withdrawals,” after the Aug. 8, 2023 fire burned through Lahaina and killed 101 people, Hawaii Insurance Commissioner Gordon Ito said during a Wildfire Risk Forum for insurance commissioners held at the National Interagency Fire Center in Boise, Idaho.
Address of this article:http://gambia.quotesbonanza.com/html-36b899068.html
Very good!(8657)
Related articles
- Chinese astronauts return to earth after six months in space
- Hackers claim to have infiltrated Belarus' main security service
- QB Penix hears from Cousins, Vick after landing with Falcons as NFL draft first
- China unveils Shenzhou
- Proof you CAN outrun bad genes with just four lifestyle tweaks
- Queen Máxima of the Netherlands is a hit with the kids as she high
- My body is 70% covered by tattoos
- Woman pleads guilty to being accessory in fatal freeway shooting of 6
- Calling a female colleague a 'pretty woman' at work is sex discrimination, tribunal rules
- Meneses hits 2
Popular articles
Recommended
Bizarre moment yacht gets wedged underneath railway arches while being carried on a low
Coastal Carolina athletic director Hogue, ex
Temporary farmworkers get more protections against retaliation and other abuses under new rule
Montpellier draws with lowly Nantes and finishes with 9 men
New Jersey seeks fourth round of offshore wind farm proposals as foes push back
Salma Hayek shares rare photos from her wedding to Francois
Shocking moment father and son brawl with middle
Harvey Weinstein due back in court, while a key witness weighs whether to testify at a retrial
Links
- With House speaker at his side, Trump suggests Ukraine aid should be loan
- Egypt aborts controversial pyramid renovation plan
- Group calls on goverment to withdraw Accessibility for New Zealanders Bill
- 'Penalty on a plug'
- Water reforms repeal could leave some councils out in the cold – mayor
- Fox within sight of lead at US Masters midway point
- More than 100 killed while seeking aid in Gaza, overall death toll passes 30,000
- Upgrades badly needed for PM's residence
- Upgrades badly needed for PM's residence
- Icon of the Seas: World's largest cruise ship to set sail from Miami