In a groundbreaking move that could reshape wildfire insurance nationwide, the Tahoe Donner Association has secured a first-of-its-kind policy that links premium pricing directly to decades of active forest management. The innovative agreement—developed in collaboration with former California Insurance Commissioner Dave Jones, The Nature Conservancy, UC Berkeley and Willis, a business of WTW—marks the first time an insurance company has factored large-scale fuel reduction work into wildfire risk assessments and policy pricing. Structured by Willis, the $2.5 million wildfire resilience insurance coverage has been developed for Tahoe Donner. Read the article…………………………….
Related Post
December 16, 2021
Comments are closed.