"Understanding the potential path of a wildfire is crucial, as they can spread incredibly fast. In fact, Northern California wildfires in 2017 advanced at a rate of more than a football field every three seconds," says Kirstin Marr, head of Insurity Analytics. (Credit: AP Photo/Ringo H.W. Chiu)
Wildfires tend to start and spread rapidly and typically garner little attention until they become a problem, according to Matt Olsen, vice president of catastrophe modeling at reinsurer Holborn Corp. He notes that during active seasons, smaller fires get even less attention.
"Our clients have been challenged with getting out in front of these events and notifying policyholders ahead of them while mobilizing claims teams," Olsen says.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
