Reading the article this is from SAN and I have no idea who they are.
Unlike Florida this comes with a a reinsurance guarantee. So if the payouts are big enough the government will pay. So the corps are guaranteed profit. The state will have to raise taxes on everyone else to fund this. They will be paying out on both sides as big damaging fires will also cost a lot of money to fight. This is a one two punch to school budget cuts.
I was really hoping to see the smaller fire prone communities shut down, at the very least make big big changes to live in areas that have forest fires.
The more house and business create larger interfaces to the forest and create more fire risk as roads and power lines cross the woods.
People want to tear down the woods to live in the woods making sure that they will not exist.
If the government is paying for the company to have profit why don’t the government just do it themselves?
I feel like if the intent is that a private company provide the insurance, they could like force that if they want to do business they need to cover some portion of high risk area, a proportion that does balance things out.
Reading the article this is from SAN and I have no idea who they are.
Unlike Florida this comes with a a reinsurance guarantee. So if the payouts are big enough the government will pay. So the corps are guaranteed profit. The state will have to raise taxes on everyone else to fund this. They will be paying out on both sides as big damaging fires will also cost a lot of money to fight. This is a one two punch to school budget cuts.
I was really hoping to see the smaller fire prone communities shut down, at the very least make big big changes to live in areas that have forest fires.
The more house and business create larger interfaces to the forest and create more fire risk as roads and power lines cross the woods.
People want to tear down the woods to live in the woods making sure that they will not exist.
If the government is paying for the company to have profit why don’t the government just do it themselves?
I feel like if the intent is that a private company provide the insurance, they could like force that if they want to do business they need to cover some portion of high risk area, a proportion that does balance things out.
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