About This Event
Wildfire risk is rapidly transforming the insurance and utility landscapes in the Western U.S. This session will explore how actuaries and utility experts are responding to evolving wildfire exposures. Topics will include advances in wildfire modeling and data, such as insights from California’s PRID process and an AI-enabled utility mitigation plan database; utilities’ evolving approaches to mitigate risk; and the evolving frameworks of assigning liability for damages. Panelists will share insights and strategies on risk assessment, mitigation, regulation, and cross-sector collaboration.