On demand | The wildfire landscape: A seasonal outlook, preparedness tips, and the insurance impact on homeowners
In the past 10 years, wildfires burn more than five million acres on average in the US every year. Six of the top ten costliest fires have occurred in the past four years, and large wildfire losses in recent years have brought significant change to the insurance marketplace. With almost 4.5 million US homes at high or extreme risk of wildfire damage, homeowners must take steps to educate themselves in order to prepare their property and understand what this means for their insurance coverage.
Marsh McLennan Agency Private Client Services recently hosted several experts in a virtual event to discuss the wildfire landscape.
If you were unable to attend the live broadcast, a replay is now available. Complete the form below to listen toThe Wildfire Landscape: A Seasonal Outlook, Preparedness Tips, and the Insurance Impact on Homeowners.
Date: August 25, 2020
Duration: 59 minutes
Speaker(s):
Jonathan Porter, Vice President and General Manager, AccuWeather
Jonathan Porter is the Vice President and General Manager of AccuWeather For Business. In addition to his role at AccuWeather, he is also a broadcast meteorologist, serves on an alumni committee for Penn State’s Department of Meteorology, and is part of the National Oceanic and Atmospheric Administration Environmental Information Services Working Group (EISWG). Jon shared an in-depth look at wildfire causes and movement, along with an outlook for the coming months including potential areas of higher risk.
Stephen G. Poux, Senior Vice President, Head of Risk Management Services and Loss Prevention, AIG PCG
Stephen G. Poux is Senior Vice President, Head of Risk Management Services and Loss Prevention for AIG Private Client Group (PCG). A founding member of AIG PCG, Steve was instrumental in the development of several invaluable AIG teams including the Department of Loss Prevention and AIG’s Wildfire and Hurricane Protection Units. A seasoned expert in high-net-worth personal insurance, Steve shared how a home might be engineered to withstand wildfire and tips on maintaining your home’s three zones of defensible space.
Robert Pritula, CPCU, Senior Vice President and National Client Executive, Marsh McLennan Agency Private Client Services
Robert Pritula, CPCU, is a Senior Vice President and National Client Executive with Marsh McLennan Agency Private Client Services. Because of the nature of his clients’ programs and as a long-time resident of southern California, he has developed an expertise in the insurance marketplace nuances related to wildfire exposures. Robert discussed how recent record-breaking wildfire losses have affected the insurance market and what you may see when it comes time to renew.
