Arizona Report Recommends Collaborative Approach to Wildfire Insurance Challenges

The Arizona Department of Insurance and Financial Institutions released a report from the Resiliency and Mitigation Council addressing homeowners insurance affordability issues in wildfire-prone areas. This council, established in December 2024, conducted a year-long investigation involving public testimony and expert input to analyze trends and mitigation strategies relevant to Arizona's unique wildfire risks. The report advocates for a coordinated approach among homeowners, communities, and the state to implement effective wildfire risk reduction and improve insurance availability and affordability in affected regions.