Los Angeles wildfires, 2025

[highup]

Moving forward, I wonder if the insurance companies would cover homes designed differently to reduce replacement costs ( minimalistic) and fire resistant Passive Homes ?

I’m not a fan of Insurance companies and those health managers who tell doctors what they can and cannot do, but maybe they could play a role with incentivizing
Improvements through risk assessments and then share that information with customers.

I think California's governor told insurance companies they had a cap on their rates ....
So this meant the insurance companies might have to operate at a loss. The companies replied

 

[C.J.]

I think California's governor told insurance companies they had a cap on their rates ....
So this meant the insurance companies might have to operate at a loss. The companies replied

Isn’t that the first rule of business, if it doesn’t pay, you don't do it.

 

[Floorist]

Just like in NY. The state told cell phone companies that they must offer a $15 a month plan. So A T & T pulled out of the state.