Current location:Stellar Space news portal > style
Growing wildfire risk leaves states grappling with how to keep property insurers from fleeing
Stellar Space news portal2024-05-21 23:22:56【style】9People 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://seychelles.highlanderdistrict.org/article-7b399684.html
Very good!(978)
Related articles
- Mark Wahlberg's new action
- White cranes in Quanzhou, SE China
- Xi Sends Congratulatory Message to Lanting Forum on Chinese Modernization and the World
- Xi Sends Congratulatory Letter to General Assembly of Alliance for Cultural Heritage in Asia
- US overdose deaths dropped in 2023, the first time since 2018
- Xinhua Headlines: Xi, Lula Map out Future China
- Xi Congratulates Chuppu on Assuming Bangladeshi Presidency
- Xi Congratulates Diaz
- Forensic psychiatrist reveals the different types of stalkers
- In pics: natural landscapes in Africa
Popular articles
Recommended
French sports minister calls for sanctions after Monaco player tapes over anti
Wild animals frequently spotted along a river valley in Tibet, indicating improving biodiversity
Animals enjoy speical congee for Laba Festival
Scenery of Xiezi Mountain in China's Shandong
Xander Schauffele gets validation and records with one memorable putt at PGA Championship
Autumn scenery at Pofengling Scenic Area in Beijing
Traditional villages with local characteristics built to develop rural tourism in Hebei
Palace Museum raises the number of daily visitors to 12,000
Links
- Xi says he enjoys Yugoslav films, songs when young
- Faculty of New York private university join students in pro
- Xi leaves for state visits to France, Serbia, Hungary
- Blinken reiterates US opposition to Rafah invasion
- Seth Lugo claims AL
- Wolf and Bakrar each score a goal, NYCFC beats Red Bulls 2
- MLB is expected to investigate David Fletcher for gambling on sports, AP source says
- Soulful singer Michael McDonald looks back in his new memoir, 'What a Fool Believes'
- Bank of America trader, 25, dies suddenly 'of a cardiac arrest' during work event
- Nadhim Zahawi insists Tories were 'wrong to oust Boris Johnson': Former Chancellor hails ex