Prof. Daniel Schwarcz Quoted in Forbes About Home Insurers Discontinuing Policy Writing in California Due to Wildfire Risk

Professor Daniel Schwarcz was quoted in Forbes saying home insurers will likely stop writing policies in wildfire-prone states like California. Schwarcz told Forbes, "From the insurers' perspective, there's just no reason to stay. The future's not looking great for private insurance in states that have significant wildfire exposure."