2019 Wildfires: Normalizing the New Abnormal

After record-breaking wildfire losses in 2017 and 2018, wildfires in 2019 continued to afflict the western U.S. With public mitigation plans projected to take decades to complete, the need to manage the current risk becomes paramount.

In a recent webinar, wildfire risk experts from CoreLogic discussed how wildfire risk is assessed and the challenges in managing the extreme loss potential from wildfires, especially when facing the complexities of ignitions from electrical sources.

Listen to the recording to learn:

• The current trend of wildfire losses, particularly in California
• Important characteristics of wildfire risk prone properties
• Screening, underwriting and pricing techniques for wildfire