CelloMom On Cars"It's clear that the worsening wildfire seasons have been a major driving force behind #California's market instability. Specifically, the 2017 and 2018 seasons were "particularly devastating, raising concerns about the insurability of catastrophic wildfire risk,"
The massive losses incurred from those fires "wiped out more than a quarter century of cumulative profits for the industry twice over."
https://www.npr.org/2025/01/14/nx-s1-5251632/california-fires-home-insurance-climate-change
#HomeInsurance
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