Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Insurance officials urge certified home hardening, state programs to reduce wildfire losses
Legislative Finance Committee - MAR (Modernization and Risk Analysis) Committee · May 14, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
The NAIC briefed legislators on IBHS Fortified and Wildfire Prepared standards, third‑party verification, mitigation discounts and technical assistance the association can provide to help states scale mitigation and reduce insurance market strain.
Brian Powell of the National Association of Insurance Commissioners told the committee that insurance markets are reacting to wildfire and severe‑convective risk and that proven mitigation standards can reduce losses and keep insurance affordable and available. He described two IBHS products tested nationwide: Fortified…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans
