Four Western States and Florida Are at Most Risk for Wildfire Damages in 2022, CoreLogic Reports – QNT Press Release


Property owners in the Colorado Springs, CO and Santa Fe, NM metro areas run particularly high risks of property damage from wildfires

CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its annual Wildfire Report for 2022which examines property-related wildfire risk alongside reconstruction resource availability, temporary housing capacity for displaced individuals, and community economic recovery potential among fire-prone regions. The report tracks wildfire risks in 15 Western US states and Florida.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220908005226/en/

Top 5 High Risk Counties (Graphic: Business Wire)

Wildfires commonly affect the Western US, but climate change and the region’s severe drought of recent years has only exacerbated the issue. Decreasing water levels in the Colorado River and Lake Mead, along with declines in snowpacks, have contributed to a longer wildfire season by an average of three months, resulting in a 1500% increase in burn areas. Over the past decade, CoreLogic data found that wildfires burned an average of 6.8 million acres per year, with that number topping 10 million acres in three of those years.

The 2022 CoreLogic Wildfire Report accompanies worrisome trends in wildfire-prone California, which is grappling not only with prolonged drought conditions, but also with firefighter shortages. The Golden State employed about 25% fewer of these crucial first responders in the summer of 2022 than initially projected, amounting to 1,300 unfilled jobs.

Since California is the most populous state in the US and also has the largest number of properties, it is once again the state where owners run the greatest risk of wildfire damage. …

Full story available on Benzinga.com



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