American Property Casualty Insurance Association
  • Staff Contact: Nicole Mahrt-Ganley     
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  • January 28, 2019
  • Insurers Are Fully Prepared to Guide Homeowners Through Recovery Process
  • SACRAMENTO, CA - This statement is in response to new claims numbers announced today by California Insurance Commissioner Ricardo Lara.  This statement can be attributed to Mark Sektnan, vice president for the American Property Casualty Insurance Association.

    “Insurers have been on the ground helping policyholders since the very first day of these historic wildfires.   The Camp and Woolsey wildfires caused unprecedented damage in both Northern and Southern California.  These fires damaged the largest amount of homes and caused the most insured losses in California history, surpassing the $11.8 billion in damage caused in the 2017 wildfires. 

    “Rest assured that insurers are fully prepared to guide policyholders and businesses through the recovery and rebuilding process.  Insurance is the economic safety net that revitalizes neighborhoods and communities after catastrophes such as these. This is what insurance is for.  Policyholders have a lot of options and resources available to them from their insurer.  Insurers will assist policyholders until all claims are settled and these communities are rebuilt.

    “California continues to have a competitive homeowners insurance market.  Given the increasing wildfire risk in California, some insurers must balance their books of business in order to manage solvency and pay future claims.  If a homeowner is nonrenewed they should shop around for coverage.  While some insurers are not writing new business in high risk areas, other carriers are writing new business.”

    Infographic on Top Ten Wildfires in California (prior to 2018 wildfire losses)


  • Representing nearly 60 percent of the U.S. property casualty insurance market, the American Property Casualty Insurance Association (APCIA) promotes and protects the viability of private competition for the benefit of consumers and insurers. APCIA represents the broadest cross-section of home, auto, and business insurers of any national trade association. APCIA members represent all sizes, structures, and regions, which protect families, communities, and businesses in the U.S. and across the globe.
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