As The Risks of Hazard has mentioned before (and even before that), it is incredible how little attention wildfire receives from underwriters and carriers. The huge fires in Tennessee last autumn didn’t change that, and the January fires in Florida didn’t either.
Maybe this is the year that wildfire analytics catch on. Maybe the western states will lead the movement. Maybe it’ll be the Canadian carriers, with B.C. in a state of emergency with 10,000 people evacuated already this summer.
If you know any underwriters that would like to use the best data and analytics for underwriting wildfire, tell them there is a solution for them.
