Wildfire modeling, especially when compared to hurricane and earthquake simulation models, is still in the early stages, which can make risk projections hard to pin down. (Credit: Christian Roberts-Olsen/Shutterstock.com) Wildfire modeling, especially when compared to hurricane and earthquake simulation models, is still in the early stages, which can make risk projections hard to pin down. (Credit: Christian Roberts-Olsen/Shutterstock.com)

When it comes to preventing and mitigating wildfire risk exposure, it has to be a team effort, says a new issue paper from the American Academy of Actuaries. The paper explores how recent western United States wildfires have pushed efforts to find ways to better understand this risk in order to properly address it.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Brittney Meredith-Miller

Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].

Emerging Risk
Loss Control
Weather Risk