Texas Sues Xcel Over Panhandle Wildfires, Argues Modeling Flagged Risk Prior to Disaster
Texas alleges that Xcel Energy had measured, modeled, and warned of escalating wildfire risk in the Panhandle, yet failed to act on deteriorating infrastructure, turning quantified hazard into the largest wildfire in state history.
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Models
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Report Calls on States to Require Insurers to Price Home Mitigation Into Risk Models
A new report argues that home hardening should become a required input into catastrophe models and insurance pricing.