He said homeowners and their communities may also be getting better at protecting against fires, just as regulators hoped.
He pointed to a fire that swept Lake Tahoe this summer. After devastating blazes in 2007, the community had been especially aggressive about forest management.
“The firefighters will tell you that when the fire got to that area, the flames dropped from like 20 feet in the air to like five feet in the air,” Sektnan said. “We can’t prevent wildfires, but we can ensure they are less intense, which increases the ability of properties to survive.”
This article was provided by Bloomberg News.