Statement from the American Property Casualty Insurance Association on the United Nations Climate Report
“APCIA supports many of the conclusions of the
“Furthermore, the insurance industry supports the report’s conclusion that governments and communities should increase the sharing of data, information and analytics to improve forecasting and learning. Insurers continue to advocate for increased access to new tools and technologies to better model catastrophic risk that incorporates future impacts, such as climate change, as well as updating public fire hazard maps, more climate risk disclosures for individual properties and the ability to set insurance rates that signal where risk is high.
“Residents in high-risk areas also have a role to play by taking measures such as removing combustible materials within 5 feet of their homes, removing debris from roofs and gutters, sealing the garage door and no piling of wood, debris, or flammable materials near their home, deck, or fence.Wildfire preparedness is a community effort, and we encourage residents to work with their neighbors and involving them in the preparation because, in the end, their risk is your risk. Residents can also make a difference by becoming more financially prepared for natural disasters such as wildfires. It starts with the reviewing your insurance policy with your agent on an annual basis to ensure that you have the right amount and the right types of coverage.
“Finally, the report highlights the importance of sharing data, information and analysis to improve forecasting and learning. as well as updating public fire risk maps, increasing climate risk disclosures for individual properties, and enabling insurers to provide critical signals through risk-based pricing.
“As wildfires continue to grow in size and devastation across the
“APCIA also applauded the recent 10-year strategy announced by the Biden administration, addressing the wildfire crisis – “A Strategy to Protect Communities and Improve the Resilience of America’s Forests.” This strategy calls for the
The threat of climate change is very real, and as wildfires continue to escalate across the
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