On the insurance crisis in California. IMO, the ceiling on premiums proves the law of unintended consequences. Perhaps premiums should have been allowed to reflect the true costs of building so densely in a semi-arid climate. One regularly beset by fire associated winds. The pressure of high premiums might have turned attention to other …
On the insurance crisis in California. IMO, the ceiling on premiums proves the law of unintended consequences. Perhaps premiums should have been allowed to reflect the true costs of building so densely in a semi-arid climate. One regularly beset by fire associated winds. The pressure of high premiums might have turned attention to other deficiencies now being revealed IRT. The water from hydrants literally ran out, since are unable to handle more than one or a few burning houses. No one thought about a fire engulfing whole blocks, or entire neighborhoods. The larger issue of where to build sooner or later also has to factor in. What is required to make homes more fire resilient.
SoCal has always had a fire problem. But this will be scaling up to new levels of concern, a consequence of no the longer deniable fact of climate change. And we are going to see only more of these sorts of events. The insurance industry, more thoughtfully regulated, could actually be an asset, forcing a rethinking in our approach to the sort of fire apocalypse wreaking assault right now on SoCal. I really hope we use this moment wisely, to reconsider our approach to California's perennial fire problem. Broadly and comprehensively.
On the insurance crisis in California. IMO, the ceiling on premiums proves the law of unintended consequences. Perhaps premiums should have been allowed to reflect the true costs of building so densely in a semi-arid climate. One regularly beset by fire associated winds. The pressure of high premiums might have turned attention to other deficiencies now being revealed IRT. The water from hydrants literally ran out, since are unable to handle more than one or a few burning houses. No one thought about a fire engulfing whole blocks, or entire neighborhoods. The larger issue of where to build sooner or later also has to factor in. What is required to make homes more fire resilient.
SoCal has always had a fire problem. But this will be scaling up to new levels of concern, a consequence of no the longer deniable fact of climate change. And we are going to see only more of these sorts of events. The insurance industry, more thoughtfully regulated, could actually be an asset, forcing a rethinking in our approach to the sort of fire apocalypse wreaking assault right now on SoCal. I really hope we use this moment wisely, to reconsider our approach to California's perennial fire problem. Broadly and comprehensively.