State farm golden11/3/2023 The rule of thumb for many property insurers - they can stay healthy and make a profit if there are three relatively quiet years for every severe one - no longer works. This reflects the fact that four of the five worst years for wildfires in Golden State history have come since 2017. While insurers have had to pay heavily for flooding damage in California caused by “atmospheric rivers” over the winter, both companies cite wildfires as driving their decisions. The announcement by the state’s largest property insurer led to the San Francisco Chronicle’s discovery that Allstate, the state’s fourth-largest property insurer, had already quietly made the same decision last year. This was underscored on May 26 by State Farm’s announcement that it would not accept any new applications for personal or business property and casualty insurance in the Golden State. In California, alas, the nightmares caused by raging wildfires aren’t new. With more than 400 fires raging across Canada as of Wednesday afternoon, warnings to stay inside in states from Illinois to Maine to Georgia are likely to remain in place for days to come. With Canada on track for by far its worst year of wildfires - the 9 million acres that have burned so far in 2023 are 15 times the norm for early June - the result has been air quality alerts for 100 million Americans in the Midwest, Northeast and Southeast because of wildfire smoke drifting south from our neighbor. Such muggings are now going on coast to coast. The quip about people changing their views only after being mugged by reality comes to mind. adults consider the climate emergency a major threat. In April, the Pew Research Center released a survey showing only 54 percent of U.S. The fallacy that global warming is a fiction advanced by messianic environmentalists and/or the media is depressingly common among much of the public. We base our editorials and endorsements on reporting, interviews and rigorous debate, and strive for accuracy, fairness and civility in our section. The editorial board operates independently from the U-T newsroom but holds itself to similar ethical standards.
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