Idaho insurance dept. issues wildfire data call
The
Through the mandatory call, detailed in the department's Bulletin No. 25-02, the department is "collecting detailed policy and claims information to conduct an analysis of the property insurance market within
The state in 2023 had 91 property insurers, and "today, roughly 22-25 of those companies have non-renewed some or all of their policies, partially due to wildfire concerns, and leaving some homeowners without property insurance," department director
State insurance officials receive calls regularly from consumers who are concerned about their coverage, "and we believe this data call will offer insight to our department on how best to address the hardening personal property market in order to protect consumers and encourage carriers to stay in
The data analysis will inform the department's efforts to ensure Idahoans can secure the coverage they need to protect their homes and financial wellbeing, while also working to maintain a healthy insurance market for insurers, according to the release.
Completed data submissions are due
A busy 2024 peak wildfire season in
The post


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