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After a damaging winter storm in 2011, officials in Texas received recommendations on weatherizing the state’s grid. Those recommendations were not followed, and in 2021, Texans paid a big price.
Six commercial insurance brokers in the utilities sector were named 2021 Power Brokers. An additional three brokers were named as finalists.
After having two children while in law school, helping to manage wildfire risk in western states is not so scary for Aon’s Cynthia Fee.
This year, six brokers from across the brokerage field were named as the 2020 Utilities Power Broker winners. An additional two brokers were named as finalists.
Trying to forestall wildfire damage, PG&E willingly shut down service to customers. More of this, not less, is on the way, which makes business resiliency planning all the more important.
A fund crafted for utilities in California is a model for other states and communities to share the cost of risk mitigation and disaster resilience.