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Retrieved on: 2024-07-16 18:33:50
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Summary
The article discusses how climate change and advanced risk assessment tools have led major insurers like State Farm and Allstate to stop renewing homeowner policies in wildfire-prone areas of Oakland, California. This has resulted in higher costs and fewer options for residents. Amy Bach, from United Policyholders, addresses mitigation efforts and offers advice on navigating non-renewals. Tags and concept interlink via the focus on insurance industry responses to climate-driven wildfire risks in California.
Article found on: oaklandside.org
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