Insurance Information Institute: U.S. Wildfires Remain Threat as Their Frequency Decreases
December 08, 2023
December 08, 2023
NEW YORK, Dec. 8 -- The Insurance Information Institute issued the following news release:
The potential insured losses resulting from U.S. wildfires are growing even as their frequency decreases because close to 99 million Americans reside in the wildland urban interface (WUI), according to the Insurance Information Institute (Triple-I).
"Insured losses are influenced by the extent of development in the wildland urban interface," said Dale Porfilio, chief ins . . .
The potential insured losses resulting from U.S. wildfires are growing even as their frequency decreases because close to 99 million Americans reside in the wildland urban interface (WUI), according to the Insurance Information Institute (Triple-I).
"Insured losses are influenced by the extent of development in the wildland urban interface," said Dale Porfilio, chief ins . . .