Insurance Compliance — April 5, 2026

Wildfire Mitigation Study Shows 35% AAL Reduction Through Resilient Rebuilding

NAIC's Catastrophe Risk Management Center of Excellence released research conducted with the California Department of Insurance demonstrating that rebuilding wildfire-impacted communities to IBHS Wildfire Prepared Home Standards can reduce projected wildfire average annual losses by up to 35 percent. The study found that rebuilding to the highest IBHS standard adds approximately 3 percent in construction costs.