{"id":5368,"date":"2017-07-19T00:00:00","date_gmt":"2017-07-19T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/wildfires-remain-major-threat-in-many-areas\/"},"modified":"2017-07-19T00:00:00","modified_gmt":"2017-07-19T00:00:00","slug":"wildfires-remain-major-threat-in-many-areas","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/wildfires-remain-major-threat-in-many-areas\/","title":{"rendered":"Wildfires Remain Major Threat in Many Areas"},"content":{"rendered":"

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About 4.5 million U.S. homes are at high or extreme risk of wildfires, according to the 2017 FireLine State Risk Report\u00a0released by Verisk Insurance<\/a> Solutions.<\/p>\n\n

The state most at risk: More than 2 million households in California are at high or extreme risk of wildfire, according to the report. Texas ranks second with 715,300 homes at risk.<\/p>\n\n

\u201cWildfires have scorched nearly 3.5 million acres so far in 2017,\u201d\u00a0says Arindam Samanta, director of product management and innovation at Verisk Insurance Solutions. \u201cFor the first half of 2017, the number of acres burned by wildfires is up 34 percent over 2016 and the 10-year average.\u201d<\/p>\n\n

In the last decade, wildfires have generated more than $5.1 billion in insured losses\u2014$3 billion in just the past five years, according to the report.<\/p>\n\n

\u201cThese fires represent one of the leading catastrophe exposures facing the industry today,\u201d Samanta says. \u201cThe ability to accurately identify the true wildfire exposure is critical to maintaining cost-based pricing<\/a>. It also allows insurers that may have avoided the marketplace to explore expanding their book of business in these hazard areas.\u201d<\/p>\n\n

\"\"<\/p>\n\n

Source: Verisk Insurance Solutions<\/em><\/p>\n\n

\u00a0<\/p>\n<\/div>\n \n \n<\/pre>\n\n<\/div>\n\n\n\n\n Realtors.org <\/a>\n<\/p>\n","protected":false},"excerpt":{"rendered":"

About 4.5 million U.S. homes are at high or extreme risk of wildfires, according to the … Wildfires Remain Major Threat in Many Areas<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":5369,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[4751,12908,543,127,617,698,41,818,479],"class_list":["post-5368","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-amazing","tag-home","tag-home-buying-guide","tag-homes","tag-house","tag-insurance","tag-property","tag-real","tag-realtor"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/07\/Verisk%20wildfire%20risk.png?fit=275%2C441&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":659,"url":"https:\/\/amazingproperty.com.ng\/blog\/homeowners-nemesis-for-2016-wind-floods\/","url_meta":{"origin":5368,"position":0},"title":"Homeowners\u2019 Nemesis for 2016: Wind, Floods","author":"Amazing Property","date":"February 7, 2017","format":false,"excerpt":"[ad_1] Flooding and damaging winds caused the most damage for homeowners in 2016, according to CoreLogic\u2019s Natural Hazard Risk and Analysis, which highlights homeowners\u2019 potential financial catastrophes due to hazard events. Most of the elevated activity was due to slightly higher activity in hurricanes last year, with 15 named storms\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4759,"url":"https:\/\/amazingproperty.com.ng\/blog\/why-some-homes-survive-wildfires-and-others-dont\/","url_meta":{"origin":5368,"position":1},"title":"Why Some Homes Survive Wildfires – And Others Don't","author":"Amazing Property","date":"May 29, 2017","format":false,"excerpt":"Whether a home survives a wildfire \"is not random, nor is it a function of luck,\" says a study of the impact of last year's huge wildfire in Fort McMurray, Alta. It says most homes that exhibited attributes promoted by the FireSmart program -- including keeping combustible vegetation away from\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/6db26ca38bc3a44afd852c850d7cb715_M.jpg?fit=300%2C200&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2366,"url":"https:\/\/amazingproperty.com.ng\/blog\/study-shows-link-between-home-values-arson\/","url_meta":{"origin":5368,"position":2},"title":"Study Shows Link Between Home Values, Arson","author":"Amazing Property","date":"March 22, 2017","format":false,"excerpt":"Researchers have long suspected a connection between falling home values and spikes in arson rates, but they've lacked strong supporting evidence. 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