Wildfire Risk And Climate Change: Update And Forecast For Inland Marine
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Date of Publication: March 6, 2024
Duration: 81 minutes
Climate change is a growing concern as it relates to natural hazards and property damage/infrastructure disruption. Drought and persistent heat set the stage for extraordinary wildfire seasons in recent years. Increases in temperatures and the thirst of the atmosphere due to human--caused climate change have increased aridity of forest fuels during the fire season.
Research suggests a continued increase in fire risk and a longer fire season due to the changing climate. This session focuses on the wildfire hazard in the U.S., future projections and the impact on inland marine insurance exposures.