Wildfire Prepared Act

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 work here as well.

On Tuesday, lawmakers on the Senate Conservation Committee unanimously advanced a bill that takes aim at skyrocketing premiums or policy cancellations by proactively planning for future fires.