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Insurance industry tells subcommittee that coordination and legal reforms could ease rising wildfire premiums
Summary
Industry witnesses supporting the Fix Our Forests Act said improved federal coordination and community resilience can reduce losses; they also urged legal reforms to curb litigation-driven rate pressure that has driven some insurers from high‑risk markets.
Robert Gordon, senior vice president at the American Property Casualty Insurance Association, told the subcommittee insurers support the Fix Our Forests Act and called for better federal coordination to disseminate mitigation practices and prioritize resources. He said insurers have invested in wildfire safety standards and modeling and that a federal fire-shed center could help connect federal, state…
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