How Insurance Industry Might React to ‘New Normal’ of California’s Historic Wildfires

By | November 13, 2018

  • November 14, 2018 at 11:56 am
    DOUG SPENCER says:
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    Extreme denial of the elephant in the room. Stewardship and land management of the undergrowth, removal of stressed timber is very difficult when major logging roads closed and only allowing wood cutting permits within 100 feet of remaining roads. Deferring active forest management only provides more kindling and extreme fire conditions later. Blaming and suing major utilities take money that could be used for real active land and resource management up front. Pay now rather than react and pay later!
    Climate has always been “changing”, stewardship and resource management by design may be pro active way to provide fewer “silent spring” for all in California.

    • November 27, 2018 at 7:51 pm
      Allan says:
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      Doug,

      I don’t know where you live but it is refreshing to see someone speak the truth. As an agent in Southern Oregon (the non-liberal section) we have seen our economy dismantled, (logging & lumber mills), due to an owl that is non-native & found to live in barns as well as trees. Our forests are mis-managed to the point they are disasters waiting to happen. Even when BLM releases a timber sale the Enviro’s take it to court to shut it down. Why such large fires recently? Because they have a let it burn philosophy, not based on science, but based on the fact that the larger the fire the more money they make. You don’t see large fires on private timberlands, because they aggresiveley put them out. The tales I could tell of greed & flat stupidity by State & Federal fire management teams would make you ill. We are having larger fires then in past years not because of climate change, but due to greed and the failure to harvest. Just looking at the growth rate of current forests, which grow 10% a year, we are harvesting less then 1% of just the new growth. The trees are growing 10 times faster then what we are harvesting, which leads to massive fuel loads in our forests. “Oregon will NEVER grow out of trees!”

  • November 14, 2018 at 1:40 pm
    Joseph S. Harrington, CPCU says:
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    While there may be yet more areas of California susceptible to wildfire, the conditions that feed them should not be allowed to become “a new normal.” Wildfires consume their own fuel, and common sense would dictate that public and private measures be taken to prevent a wildfire from reoccurring in the same place.

  • November 14, 2018 at 2:39 pm
    orange color map lining says:
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    instead of red lining…..

    • November 16, 2018 at 8:28 am
      CL PM says:
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      Orange – Can you please expand on what you mean? My company writes a lot of Home and BOP in California, but we do have areas of the state where we won’t write due to the wildfire exposure. We looked at the Paradise area and years ago cordoned that off as a place with unacceptable risk. So, we have no losses so far from that fire. Are you saying our practice is wrong?

  • November 15, 2018 at 11:16 am
    Observor says:
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    It is important that the new commissioner enable insurance markets to succeed. If not, California consumers face a capacity shortage for insurance. This would impact real estate prices which would dent the entire state’s economy.



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