The Catastrophe Licensing Office: Why Your House Now Needs Insurance Approval Before It Can Be Destroyed By Wildfire
BONN — You can no longer assume a house will be destroyed by wildfire. Now, you must file Form W-887, Section D (Wildfire Readiness), three business days before the inferno arrives, or your property damage claim will be considered “unauthorized distress.”
Climate scientists have been screaming about climate change for two decades, but the insurance industry needed another century to catch up. Today, Zurich Global Re announced a new partnership with the Climate Emergency Bureau: “Insurers will now pay out claims ONLY after receiving a pre-disaster waiver from the Federal Emergency Management Agency. Otherwise, the loss is your responsibility.”