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Risk assessment in California is driving up insurance premiums and costs due to natural disaster risks.

1 report, 1 independent Updated Jun 19
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Risk assessment in California is driving up insurance premiums and costs due to natural disaster risks.

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How it developed

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  1. Jane Kim proposed a single-payer disaster insurance plan for all Californians, which was subsequently criticized.Sub-event
  2. A geophysicist has issued a warning regarding the high risk factors currently facing the state of California.Sub-event
  3. California fires are a major regional risk factor, leading to market data on property value decline, involving Zillow and Realtor.com.Sub-event
  4. Risk assessment drives insurance premiums and costs in California.1 source

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