With more natural disasters, insurance companies withdraw from high-risk areas

Hosted by

The Carr Fire is a 2018 California wildfire that burned in Shasta and Trinity counties. Photo credit: Bureau of Land Management California/CC 2.0, via Flickr

In Redding, California, firefighters are still battling the large Mountain Fire that broke out late Thursday morning. Californians usually want to move back and rebuild after fires are put out. But now, more and more insurers won’t sell policies to people in areas prone to fires, hurricanes, and floods.