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Wildfire lawsuits miss the mark on California’s actual insurance coverage disaster, insurance coverage brokers say

whysavetoday by whysavetoday
April 26, 2025
in Insurance
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Wildfire lawsuits miss the mark on California’s actual insurance coverage disaster, insurance coverage brokers say
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“There’s a disconnect in California with some well-meaning shopper teams who don’t perceive that insurance coverage corporations can’t repeatedly lose cash and keep in enterprise,” Jones stated. “As an alternative of forcing carriers to subsidize wildfire losses by means of litigation, we ought to be specializing in prevention and mitigation—on hardening properties, constructing defensible zones, and utilizing ember-resistant vents. Authorities additionally has a major half to play in prevention and response.”

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Tags: BrokersCaliforniasCrisisInsuranceLawsuitsMarkRealWildfire
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