The Capitol Record

“The Impact”: Insurance Trends and Future Risks from Volcanoes, Fires, Floods, Landslides and Earthquakes

On “The Impact”:

Video

The natural forces that shaped Washington’s beautiful landscape also pose a threat to the people who live here. The increasing intensity of wildfires and floods pose significant risks to lives and property. The state launched a new public-private partnership to address and prepare for the risks from various natural disasters. Insurance Commissioner Mike Kreidler, Chair of  the Washington Disaster Resiliency Work Group, joins us to talk about the purpose of the group and its goals for improving disaster resilience.

In the second half of the interview we focus on what all this means for homeowners. Topics include the trend of insurers pulling back from at risk areas and the types of hazards that aren’t covered by most homeowners insurance policies.

Other topics: world’s largest mobile earthquake simulator; funding diverted from nuclear submarine base; and more.

“The Impact”: Sept. 25th 2019 

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