A new study from California's Department of Insurance and NAIC shows rebuilding Los Angeles homes to IBHS wildfire standards could cut average losses by one-third, as homeowners adopt fire-rated materials and ember-resistant features for greater resilience. Full economic recovery from the 2025 wildfires may take decades amid permitting and insurance delays.
A new study from California's Department of Insurance and NAIC shows rebuilding Los Angeles homes to IBHS wildfire standards could cut average losses by one-third, as homeowners adopt fire-rated materials and ember-resistant features for greater resilience. Full economic recovery from the 2025 wildfires may take decades amid permitting and insurance delays.
Source: newsroom statefarm. Original: https://newsroom.statefarm.com/state-farm-remains-committed-to-california-recovery/
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