Nancy Watkins, a Milliman actuary, recently interviewed two experienced California fire chiefs about their views on what insurance actuaries and insurers should know about wildfire risk today, and how stakeholders can navigate insurance market disruptions and drive down risk in the wildland-urban interface (WUI). This Q&A for “Carrier Management” covered the following:

• Why is wildfire risk such a challenging area for insurers and communities?
• How did we get here? 
• What is the role of state regulators?
• What is a proposed solution?

Read the full article here.