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To develop a parametric insurance solution — one innovative way to address wildfire risk — a policy is structured with certain events plainly stated in order for coverage to be automatically triggered. (Photo: Phil Pacheco/Bloomberg) The announcement Monday aligned with Lara’s campaign to push insurance companies to resume selling policies and coverages to homeowners in fire-prone communities.  (Photo: Phil Pacheco/Bloomberg)

As wildfire seasons only continue to worsen in recent years, California state regulators announced new rules on home ‘hardening,’ creating incentives for retrofitting older homes to make them more resilient to fires.

This initiative is a joint effort by California’s Department of Insurance, Cal Fire, the Governor’s Office of Emergency Services, the Public Utilities Commission and the Governor’s Office of Planning and Research.

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Danielle Ling

Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].

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