California Announces Agreement to Create Disaster Preparation Incentives

After bringing together insurance industry executives, consumer groups and fire officials to discuss preparations for future potential fire disasters, state Insurance Commissioner Steve Poizner announced an effort to create economic or other incentives for insurers and consumers to mitigate fire risks and increase disaster preparedness.

"While we will never be able to stop fires before they start, there are many common sense steps that we can take to keep fires from becoming disasters, and we should do a better job encouraging people to take these sensible steps," Poizner said.

Additional topics covered at the June 12 roundtable included working together to identify effective fire mitigation measures, the role of property inspections and how to implement possible incentives to expand preparation efforts. Over the next few months, representatives from the groups at the meeting will meet to discuss and produce a roadmap for the creation of incentives to increase fire mitigation.

For more information, visit the Department of Insurance Web site (www.insurance.ca.gov).

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