In Focus: Reducing Wildfire Risk and Insurance Prices

Matthew Wibbenmeyer

Date

March 4, 2025

Guest

Matthew Wibbenmeyer

Hosts

Annie M. Tastet and

Image

Elkins Eye Visuals / Shutterstock

The recent wildfires in Los Angeles will likely be one of the costliest extreme weather events in US history. Given the increasing frequency and intensity of wildfires in the United States—especially in California—what can policymakers do to address rising costs for insurance markets? Matthew Wibbenmeyer, a fellow at Resources for the Future, discusses these challenges in California’s home insurance market and policy options to mitigate wildfires moving forward.

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