New solution offers a view of physical risk, leveraging Google Cloud, combining hyperlocal property data with financial information to estimate and mitigate the impact and cost of future catastrophes.
Read More »Examining the Impact of Wildfire Mitigation on Homeowners’ Insurance
A new report from the Casualty Actuarial Society takes a closer look at catastrophe models in measuring the effects of wildfire mitigation on homeowners and communities nationwide.
Read More »The Week Ahead: House Committee to Examine the Impact of Wildfire
An upcoming House Financial Services Committee hearing will discuss climate change’s impact on the nation, as wildfires burned an average of 6.8 million acres annually, putting homeowners in at-risk areas in jeopardy.
Read More »Homebuying Destination: The Danger Zone?
A new report from Redfin has found that more Americans are building homes in disaster-prone areas, as suburbanization and a shift to the Sun Belt have driven builders into more vulnerable areas.
Read More »More Than 30 Million Properties at Risk of Wildfire
A new study from First Street Foundation has determined that U.S. homeowners have shouldered approximately $81.7 billion in wildfire damage over the last five years.
Read More »Gauging Wildfire Risks
As we enter wildfire season in much of the country, Realtor.com announced that it is the first major real estate site to add property-specific wildfire risk information to for-sale and off-market homes free of cost. An estimated one in five single ...
Read More »Where Wildfires Burn, All-Cash Buyers Soon Follow
According to the report, all-cash offers after a fire increase due to new builders and investors entering the local market taking advantage of the circumstances.
Read More »Wildfire Report Finds Disproportionate Economic Risk for Idaho, Wyoming
Wyoming’s Natrona County and Idaho’s Blaine County have the highest percent of their housing stock at risk of wildfire damage.
Read More »FEMA Designates $700 Million in Hazard Mitigation
New programs will provide funding to areas for eligible mitigation activities to reduce disaster losses and protect properties from climate damage.
Read More »COVID-19 Worsening Impact of Wildfires
More than 2.5 million acres of California have burned this year, surpassing the state’s previous wildfire seasons for total acreage burned, according to a new data report from CoreLogic, which added that latest Climate Prediction Center forecast extending through November ...
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