Current location:International Inklings news portal > world
Growing wildfire risk leaves states grappling with how to keep property insurers from fleeing
International Inklings news portal2024-05-21 19:18:26【world】2People 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://malawi.bahnsport.org/news-7b399684.html
Very good!(497)
Related articles
- Jon Wysocki dead at 53: Staind drummer passes away
- Xuzhou Museum (III)
- China's railways handle 16.47M passenger trips on Monday
- FIS president hails China's skiing, snowboarding potential
- What a blast to work at NASA. Space agency is sky
- Dybala hat
- China's tourism industry witnesses surge in run
- China storms to quarters, thrilling matchups await
- Tom Brady and Jay
- Yuan Yue battles into Indian Wells quarters
Popular articles
- Pentagon vows to keep weapons moving to Ukraine as Kyiv faces a renewed assault by Russia
- Dallas TikTok star Camryn Herriage speaks for the first time after hit
- Biden returns to his Scranton roots to pitch tax plan
- Oklahoma family whose pet octopus laid FIFTY eggs reveals how they're looking after the consortium
Recommended
The government wants to buy their flood
Beyoncé is bringing her fans of color to country music. Will they be welcomed in?
North China's Inner Mongolia launches ancient books database platform
Apple CEO says that he wants to increase investments in Vietnam
Mohammad Mokhber: Who is Iran’s acting president?
Liaoning lead title contenders into CBA playoffs
Dallas TikTok star Camryn Herriage speaks for the first time after hit
Yuan wins Chinese derby to progress at Indian Wells
Links
- I'm a former royal butler
- US President Joe Biden hits back at special counsel over secret files probe
- How to fly long
- Michelin STAR dining! Six diners will be cooked a meal by a two
- Hyderabad curries favour: No one knows the origin of biryani
- My six nights in the Loire... for the price of a bottle of Sancerre: Here's how the home
- Glitz ahoy! Posh hotels are muscling in on the cruise market with super
- Glitz ahoy! Posh hotels are muscling in on the cruise market with super
- A trip that'll be frozen in my memory forever: I survived
- Wine in bed, skiing to the pub