Current location:Global Grid news portal > travel
Growing wildfire risk leaves states grappling with how to keep property insurers from fleeing
Global Grid news portal2024-05-01 04:58:21【travel】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://newcaledonia.mybodyonelife.com/news-2d799900.html
Very good!(4)
Related articles
- Immigrant's $1.3B Powerball win spotlights the Iu Mien community
- Outbound tourism growth, inbound recovery projected
- Beijing city enters downy catkin season
- Hayao Miyazaki's animated fantasy leads Chinese box office
- Queen Mary and King Frederik are caught in a royal Photoshop row
- WEF chair expresses confidence in Chinese economy
- Kim Kardashian's daughter North West, 10, styles HERSELF in diamonds galore for fun at
- Pupils welcome new semester with lively activities in N China's Hohhot
- Dortmund's injury concerns ease before facing PSG in Champions League semifinal
- Gwen Stefani, 54, arrives to Coachella in style on a private jet ahead of highly
Popular articles
Recommended
I'm a psychologist
Kendall Jenner keeps a low
China, South Africa see broad cooperation prospects in automotive industry
Chinese new energy vehicle sector speeds up expansion overseas
Box office: ‘Challengers’ scores with $15 million in ticket sales
NPC spokesperson affirms full support for HK's legislation of Article 23
China's Hong Kong signs tax pact with Croatia
Cyprus suspends processing of Syrian asylum applications as boatloads of refugees continue arriving
Links
- What WAS wrong with the Household Cavalry's horses yesterday? New video shows animals spooked
- Trump will be in NY for the hush money trial while the Supreme Court hears his immunity case in DC
- Celtics were beaten at their own game at 3
- Biden promises quick provision of additional arms to Ukraine in call with Zelensky
- Biden meets 4
- Columbia University classes go remote as U.S. campuses divided over Israel
- Xizang reports soaring exports of local agricultural specialties in Q1
- China calls for strengthened flood control in Yangtze, Taihu Lake basins
- Aaron Judge homers 1 pitch after Joe Boyle is called for a balk as Yanks top A's 7
- DAILY MAIL COMMENT: Labour runs out of ammo on defence