California Attorney General Rob Bonta announced guidelines for local governments weighing real estate development proposals to protect against the growing hazard of wildfires, telling municipalities his suggestions could help them avoid costly litigation and save lives. At a news conference …
Predictive modelers told California regulators on Thursday that the state’s antiquated rules for calculating wildfire risk when setting property insurance rates discourage innovative mitigation measures that could ultimately reduce losses. Nancy P. Watkins, a principal and consulting actuary for Milliman, …
While California wildfires cost property insurers billions each year, the impact of the smoke emitted by those fires may be even more costly — although scientists can’t say for sure. The cost of wildfire impacts on human health was one …
California utilities regulator has opened a case to evaluate and consider penalties against power and gas utility PG&E Corp for its involvement in the fierce wildfires that killed 46 people in Northern California’s wine country in 2017. The proceeding will …