California Residents Ignited Over Wildfire Maps

After writing recently about the predictive modeling now being done by Pitney Bowes Software and Anchor Point Group for the emerging risk of wildfires in this country, I was amused to see the following headline in the Orange County Register: “Residents worry new fire maps mean higher insurance rates.”

The good news for insurers is wildfire maps and predictive modeling are making it easier to underwrite this risk accurately using a number of data points that go beyond the older method of judging the vegetation—fuel for the wildfire—in a particular area.

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