The fires will trigger increased shifting of risk to individuals. This time, federal support is uncertain.
Great minds think alike. I also noted that the wildfires are a Hurricane Andrew moment for California. I hope that it sparks a bigger rethink of building code: https://thenewurbanorder.substack.com/p/building-code-is-the-new-zoning-reform
Reinsurance capital to assume at least 30% of total insured losses from LA wildfires: Moody’s
https://www.artemis.bm/news/reinsurance-capital-to-assume-at-least-30-of-total-insured-losses-from-la-wildfires-moodys/
Do we need to pay federal taxes anymore? Can we secede?
Is it finally time for the Feds to create a Natural Disaster insurance fund?
https://www.congress.gov/bill/118th-congress/house-bill/6944/text/ih
Great minds think alike. I also noted that the wildfires are a Hurricane Andrew moment for California. I hope that it sparks a bigger rethink of building code: https://thenewurbanorder.substack.com/p/building-code-is-the-new-zoning-reform
Reinsurance capital to assume at least 30% of total insured losses from LA wildfires: Moody’s
https://www.artemis.bm/news/reinsurance-capital-to-assume-at-least-30-of-total-insured-losses-from-la-wildfires-moodys/
Do we need to pay federal taxes anymore? Can we secede?
Is it finally time for the Feds to create a Natural Disaster insurance fund?
https://www.congress.gov/bill/118th-congress/house-bill/6944/text/ih