California Wildfire Crisis Impacts Insurance

This is a California news story, published by Wired, that relates primarily to Allstate news.

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wildfire crisis

Wired

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As Wildfires Rage, California’s Insurance Market Is in Crisis

Summary

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74% Informative

California is in the midst of a wildfire crisis.

Many Californians are finding it harder and harder to obtain homeowner’s insurance.

In recent years , Allstate has stopped taking on new customers and increased rates for existing ones.

The situation has gotten so dire that counties have asked state officials to declare a state of emergency over the difficulty of obtaining home insurance.

Forest management in California has allowed burnable materials to build up in the state’s wild landscapes.

California is making major reforms to its insurance regulations for the first time in over 30 years .

The number of structures to be destroyed by wildfire each year is set to double over the next three decades .

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language