Firefighters plot their next move after saving a home near Prather from the Goose Fire in July. As the wildfire season winds down, some California homeowners are getting a surprise: Their insurance company is dropping them. What’s happening, say officials and insurance-industry representatives, is that insurers are trying to reduce their exposure to risk by limiting the number of homes covered in fire-prone areas. This is known in industry jargon as “adjusting the books.”
Firefighters plot their next move after saving a home near Prather from the Goose Fire in July. As the wildfire season winds down, some California homeowners are getting a surprise: Their insurance company is dropping them. What’s happening, say officials and insurance-industry representatives, is that insurers are trying to reduce their exposure to risk by limiting the number of homes covered in fire-prone areas. This is known in industry jargon as “adjusting the books.” SILVIA FLORES sflores@fresnobee.com
Firefighters plot their next move after saving a home near Prather from the Goose Fire in July. As the wildfire season winds down, some California homeowners are getting a surprise: Their insurance company is dropping them. What’s happening, say officials and insurance-industry representatives, is that insurers are trying to reduce their exposure to risk by limiting the number of homes covered in fire-prone areas. This is known in industry jargon as “adjusting the books.” SILVIA FLORES sflores@fresnobee.com

In California, fire-zone homeowners feel insurers’ heat

September 22, 2016 06:47 PM

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