Editorial: California Needs Dedicated Wildfire Prevention Funds - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Property and Casualty News
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Property and Casualty News RSS Get our newsletter
Order Prints
December 26, 2020 Property and Casualty News
Share
Share
Post
Email

Editorial: California Needs Dedicated Wildfire Prevention Funds

San Jose Mercury News (CA)

Dec. 26—California needs a long-term, dedicated source of revenue for wildfire prevention.

It's inconceivable that the Legislature failed to take action in 2020 to address one of the state's most pressing issues. Gov. Gavin Newsom and lawmakers must not let another year pass by without making a serious investment in wildfire prevention.

California wildfires burned nearly 4.5 million acres in 2020. The state has experienced more than 9,600 fires this year, including five of the six biggest wildfires in California history. The fires have killed 31 people and destroyed more than 10,000 homes and buildings. And scientists say that breathing in the resulting dirty air is the equivalent of a pack of cigarettes in a day.

Those weren't the only costs. California spent more than $2.5 billion fighting the wildfires this year. The total economic toll of the state's wildfires is estimated at $10 billion.

Lawmakers should have acted in 2018, when wildfires burned nearly 2 million acres, resulting in 100 fatalities and the loss of nearly 25,000 homes and buildings, including the entire town of Paradise.

But a last-minute effort in August to pass a bill that would have provided $500 million on wildfire response and prevention failed over disagreement on where the money would be generated. Senate Democrats urged that a fee on electricity bills should be extended for a decade. That drew the ire of utilities, businesses and farmers. So legislators instead argued that the money should come from the state's cap-and-trade program. But that, too, went up in flames. Cap and trade isn't likely to provide a long-term answer. How do we know? The Legislature passed legislation in 2018 that in theory would provide $200 million a year from the state's cap-and-trade funds for wildfire prevention, but the Los Angeles Times reported that the money never materialized in 2020 because the COVID-19 pandemic dried up industry activity that generated the funds.

Nor can the state rely on Congress to provide the solution. Republicans and Democrats in Washington are still arguing over the best approach to preventing wildfires and the extent to which climate change is driving the increased risk. Sen. Dianne Feinstein, D-Calif., and Sen. Ron Wyden, D-Ore., put forth separate bills this year aimed at wildfire prevention, but odds of Congress passing a wildfire prevention bill may largely depend on the outcome of Georgia's Senate races and the degree to which President-elect Joe Biden is willing to prioritize the issue.

Without predictable money for prevention, the damage will only get worse. Climate change is lengthening the fire season throughout the West. This year's lack of rainfall and the potential for a depleted snowpack will likely make the summer's challenge even greater.

The governor said last January that "combating California's wildfires will continue to be a top priority for my administration."

Creating a stable, long-term source of revenue dedicated to wildfire prevention is essential for fulfilling that goal.

___

(c)2020 the San Jose Mercury News (San Jose, Calif.)

Visit the San Jose Mercury News (San Jose, Calif.) at www.mercurynews.com

Distributed by Tribune Content Agency, LLC.

Older

Trump’s Court Appointments Will Leave Decades-Long Imprint

Newer

Massena trustees approve plan to retain tax overpayments less than $10

Advisor News

  • What’s behind private equity investment in insurance brokerages
  • Advisors get a win as NJ Senate passes independent contractor bill
  • Why federal retirement benefits are more complex than advisors realize
  • Why timing the market is still a retirement mistake and what to do instead
  • Business owners may be overlooking a key part of their financial picture
More Advisor News

Annuity News

  • Best’s Special Report: U.S. Life/Annuity Industry Sees Bottom-Line Growth Despite 18% Decline in Total Income in First-Quarter 2026
  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • Fortitude Re Completes $500 Million FABN Issuance
  • Reframing retirement income for greater certainty
  • Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
More Annuity News

Health/Employee Benefits News

  • JasonRhodesnamed to Shelbyville CityCouncil
  • Getting disability benefits got harder after the Social Security Administration changes
  • Capitol Beat: Scott's veto signatures piling up
  • Rising ACA premiums spur pivot to cheaper plans
  • California is getting ready to increase a health insurance tax. Will it affect your premium?
More Health/Employee Benefits News

Life Insurance News

  • OVER $107 MILLION IN LIFE INSURANCE BENEFITS LOCATED FOR TENNESSEANS IN 2025 THROUGH NAIC'S LIFE INSURANCE POLICY LOCATOR SERVICE
  • Maryland Heights man pleads guilty in murder-for-hire death of his mom
  • AM Best Affirms Credit Ratings of Everlake Life Group Members
  • Industry experts warn NAIC: Fix flawed IUL illustrations now
  • InsuranceAUM.com Celebrates a Historic 5th Annual Insurance Investment Executives’ Meeting in Chicago, Honoring Outstanding Industry Leaders and Spotlighting Next Event in Austin
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Looking for stronger rates, amplified growth & real results?
Sentinel's Accumulation Protector Plus℠ Annuity is for clients wanting more from retirement planning

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet