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Lecture/Presentation/Talk

Examining disaster insurance markets: Lessons for the future of wildfire insurance

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A recording of this webinar is available here: https://www.youtube.com/watch?v=yQByItglS9g&feature=youtu.be

As wildfires and hurricanes intensify, insurance markets face mounting challenges in affordability and availability. Policymakers are under pressure to reduce risk, limit financial strain, and foster a stable economy.

Stanford researchers and insurance experts discussed how states at high hurricane risk – North Carolina, Texas, Florida, Louisiana, and Hawaii – have responded with state-chartered insurance solutions for hurricane-force winds known as “wind pools.” They examined research on different financing strategies and programs implemented by each wind pool and highlight how these critical takeaways are relevant to policymakers in Western states confronting growing wildfire risk.

For more information, contact: climateenergypolicy@stanford.edu

Panelists:
Samuel Hudgens, Wildfire Legal Fellow, Climate and Energy Policy Program

Amy Bach, Executive Director, United Policyholders

Donald Thomas Hornstein, Professor and Director of the Center on Climate, Energy, Environment, and Economics

Minchong Mao, Senior Managing Director, Aon Reinsurance Solutions