News
WED: New interim director of wildfire claims office arrives in NM as FEMA funding lapse, + More
9+ hour, 5+ min ago (1739+ words) New interim director of wildfire claims office arrives in NM as FEMA funding lapses - Patrick Lohmann, Source New Mexico" The Federal Emergency Management Agency has quietly appointed an interim director of a multi-billion-dollar compensation fund for victims ofNew Mexico's largest…...
Let's talk about insurance premiums and climate change
6+ mon, 2+ week ago (259+ words) Let's Talk New Mexico 08/14, 8am: Thanks to growing financial risks from climate change, property insurance premiums are ballooning, and not just in areas inundated with wildfire and subsequent burn scar flooding. While the state doesn't legally require homeowners to have property…...
Colorado wildfire insurance bill could spur New Mexico reform
9+ mon, 1+ week ago (733+ words) Colorado's governor is set to sign a first-of-its-kind reform bill mandating property insurers account for wildfire risk mitigation in both their coverage decisions and pricing models. Some in New Mexico are looking at the legislation as an example that could…...